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Looking for Camp Sales #129099
03/29/19 08:36 PM
03/29/19 08:36 PM
Joined: Mar 2019
Posts: 1
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VA_Appraiser Offline OP
First Post!
VA_Appraiser  Offline OP
First Post!
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Joined: Mar 2019
Posts: 1
I am a real estate appraiser that is appraising a summer girl's camp in Virginia. As part of my process I need to consider recent sales of other camp properties, preferably in Virginia but also anywhere in the mid-Atlantic region of the country. If anyone has any sales data or information about camps that have sold please let me know. I would greatly appreciate whatever help that I can receive.

Re: Looking for Camp Sales [Re: VA_Appraiser] #129100
03/31/19 02:26 AM
03/31/19 02:26 AM
Joined: Jan 2018
Posts: 17
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CampRealty Offline
10 to 25 posts
CampRealty  Offline
10 to 25 posts
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Joined: Jan 2018
Posts: 17
I'd also love this information.

It's hard to appraise camps because there are so few camp sales and they are often compared to other special purpose properties that aren't at all equivalent, such as old colleges or large churches. Since these other properties are generally in more populated areas, conversion to housing or office is a possibility, making them worth significantly more, and thus can often sell at a much higher price than a camp location in the middle of no where.

There's at least a handful of current listings on this site for which you might want to contact the owners to compare what they are selling. Warning, many are priced way higher than they can realistically sell their property for and will thus sit on the market for years, so take that into account as well. I've seen such properties sell for as low as 25% of original listing price.

Re: Looking for Camp Sales [Re: VA_Appraiser] #129103
04/04/19 07:42 PM
04/04/19 07:42 PM
Joined: Jan 2019
Posts: 2
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EricVA Offline
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EricVA  Offline
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Joined: Jan 2019
Posts: 2
Hello, can I ask where in VA is this camp located that you will be appraising?
Thanks,
Eric


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