[Ohiogirl]

I'm in the process of refinancing - bought a CYV almost 3 yrs ago, almost at the height of the market (they had 1 small price increase after). I've kept a close watch on sales and listings. My appraisal came back much higher than I expected (probably not a true market value) but still am sure it hasn't lost value - might be slightly unique in that it's a 3 bedroom CYV - not as many on the market. When I bought, resales were quite a bit higher than new, which I thought was odd at the time.

Keep in mind the new ones do have a higher bond, but really don't think there are any problems with appraisals on new construction as they are selling quite a few every month. That alone provides the comps.