Join Date: Oct 2006
Location: Callao, VA
Thanked 35 Times in 34 Posts
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With the house, I meant overbuilding for the neighbor hood...or adding things that, although nice, don't add value to the average buyer. I know, I was a Realtor for a while...we have a super nice swimming pool, but I would be lucky to get 5% of it's value back when I sold...
I think that you may be surprised at the gap between asking price and sold price, I bought my boat last year for well over 25% of the asking price, and it surveyed almost right back at that asking price. I was able to get the insurance to cover the survey value, as it was in line with "sold" boats that they see.
If you have access to a good broker, they can get the "sold" prices of similar Tartans, that may help you in your efforts with the Insurance Company