Bsharma, I agree with what you are saying. However, I think you are minimizing what an appraiser does. Besides giving you a value and a pageful of comps, they also do a market analysis, which is what is needed in this case. Though, you’re correct, I am sure an experienced realtor could do a much better job than the one in question.
I think we are all in agreement that the current realtor is just pulling numbers out of there a@$….