Property types
2‑4 Family Portfolio appraisals in Connecticut
Appraisals of portfolios of two-, three- and four-family houses and small apartment buildings, for investors, lenders, estates and partners. We appraise these mainly as packages and take single 2‑4 family assignments selectively.
What drives 2‑4 family portfolio value
Each property and the whole
We value each building on its own and, when the assignment calls for it, the portfolio as a whole. A buyer of the whole package may pay less per building than separate buyers would.
Rents and who pays utilities
Rent rolls, lease terms, housing voucher tenants and whether tenants pay heat, hot water and electric all change the income.
Condition from building to building
Older 2‑4 family houses vary widely. Roofs, heating systems, porches, lead paint and code issues are checked at every property.
Neighborhood and village
Values change street by street. We use sales and rents from the same neighborhood or village, not town-wide averages.
Where we do this work
We have appraised 2‑4 family portfolios in these towns and the villages and neighborhoods within them, among others:
What to send us
- List of properties with addresses and unit counts
- Rent roll for every unit
- Operating statements or a summary of expenses
- Real estate tax bills
Common questions about 2‑4 family portfolio appraisals
Do you appraise single 2‑4 family houses?
Selectively. Most of our 2‑4 family work is portfolios. Call us to discuss a single property.
Where have you appraised 2‑4 family portfolios?
New Britain, Bristol, Hartford, Norwich, Plainfield, Danielson, Putnam and the villages and neighborhoods within them, among other towns.
Can you give one value for the whole portfolio?
Yes. We can report each property's value, a value for the portfolio as a whole, or both, depending on what the lender or client needs.
Do you work with lenders on portfolio loans?
Yes. We prepare portfolio appraisals that meet bank requirements for blanket and portfolio loans.
Who does the appraisal?
A partner of Baldi Valuation inspects every property and signs every report. The firm is led by Michael Baldi, MAI, AI-GRS.
Need a commercial appraisal?
Tell us about the property and what the appraisal is for. We will respond with a fee and a delivery date, usually within one business day.
