Quote:
Originally Posted by joey2665
Again appraisal is about location. If the location warrants you can spend 300 per square but if it doesn’t you are correct you can overbuild for a neighborhood and not be able to get a mortgage.
Without us knowing the location you are considering it’s hard to give you an opinion based on your situation
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I did the math, at 300/sq ft we would be over built by more than 100k in a neighborhood that maxes at 600-ish...so it totally doesn't make sense
