[quote=AN][quote=CA renter]Even more importantly, why is a flipped home down the street a stronger comp than the VERY SAME HOUSE that is being flipped? This is what really irks me. [/quote]They didn’t use the same house because the condition is different and the method of payment might be different. They can only compare to other houses that’s similar to show what the market would bare.

[quote=CA renter]Thanks for your input, too, recordsclerk. I’ve often wondered if and how the seller concessions are backed out. According to your post, it sounds like they are NOT backed out. Is that correct?[/quote]
The appraisal I just got have the seller concessions in it, so yes, they ARE subtracting the seller concessions from the final sale price.[/quote]

The method of payment should not matter. There is no better comp than the very house, itself. Add the actual cost of materials used for the upgrades/improvements, plus a reasonable about for labor (@ ~$15/hr, on average), and that’s your price.