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Can you appraise two parcels together on one appraisal?

Updated: 9/27/2023
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Bigfloridasteve

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15y ago

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Are they deeded together? If so, the answer is yes. If not, you can appraise it under the hypothetical condition that the two parcels are deeded together, as long as you're not restricted by supplemental standards (such as the limiting conditions on a FNMA form.) (There's probably also a case to be made that if the purpose of the appraisal is for a loan on both parcels, they can both be appraised together even on a FNMA form but I think that's less clear-cut a notion.) Are they deeded together? If so, the answer is yes. If not, you can appraise it under the hypothetical condition that the two parcels are deeded together, as long as you're not restricted by supplemental standards (such as the limiting conditions on a FNMA form.) (There's probably also a case to be made that if the purpose of the appraisal is for a loan on both parcels, they can both be appraised together even on a FNMA form but I think that's less clear-cut a notion.)

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