re: Home addition/PMI

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Do you think this is accurate? Do you not have any comps in last 6 months to back your reasoning?

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The comps seemed to be reasonable. We went through an appraisal dispute but I couldn't find any better comps than those the appraiser used. There is just a disconnect between the renovation costs and their added value to the home. I'm just hoping that when the time comes to sell, we will recoup more of the difference. I have spoken to an agent in our neighborhood and this will likely be the case.

At the end of the day, it sucks forking over the money, but it's just less we have to borrow.