So, my lender made an update on my Mtg application with an updated approx finding date due to the delay in occupancy.
This triggered an appraisal request, and as it's not built, it was based off of Purchase agreement, floor plans, current progress, and current market comparables sold for similar.
Not that I really care right now as it's not built and I don't plan on selling under assignment.... But the value appreciation seems quite low compared to other assignments sales I've seen for smaller units in the Townhouses.
Valuation came in $79000 increase from purchase date in Sept 2020 to now.... A assignment sale for same unit currently posted is listed for $140k+ above purchase price. So not sure how that buyer will get financing if there is that much of a discrepancy in valuation.