Condo 1073 Form - What is Density?

Discussion in 'Urgent - Help Needed' started by jeanwillick, Aug 15, 2008.

Thread Status:
Not open for further replies.
  1. jeanwillick

    jeanwillick Junior Member

    0
    Jun 2, 2003
    Professional Status:
    Licensed Appraiser
    State:
    Michigan
    Under the "Project Site" Section, first line, is a field for Density. What are they asking for?
     
  2. Calvin the Airedale

    Calvin the Airedale Elite Member
    Supporting Member

    0
    Aug 17, 2004
    Professional Status:
    Certified General Appraiser
    State:
    Ohio
    Density means dwelling units per acre. Divide the total units existing or planned for the project by the total site area. This is a measure of the intensity of land use. The lower the units per acre, the less intense the use.
     
  3. Mike Boyd

    Mike Boyd Elite Member

    0
    Jan 18, 2002
    Professional Status:
    Retired Appraiser
    State:
    California
    Correct. Also, compare it to the zoning to ascertain legal or legal non conforming.
     
  4. Mike Garrett RAA

    Mike Garrett RAA Elite Member

    1
    Jan 14, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    Colorado
    From the word dense, which has it's roots in Greek (remember My Big Fat Greek Wedding) meaning..."some appraisers". LOL!
     
  5. George Ellerman

    George Ellerman Senior Member

    1
    Feb 21, 2005
    Professional Status:
    Licensed Appraiser
    State:
    Ohio
    Density can also refer to the IQ level of of tenants in the complex using the ratings of dumb, dumber and dumbest. We have our lawyers working on wether or not this is acceptable to FHA. Standby for future unitelligible, doublespeak memos to clarify this situation. Please don't hold your breath.:(
     
    Last edited: Aug 15, 2008
  6. PropertyEconomics

    PropertyEconomics Elite Member

    0
    Jun 19, 2007
    Professional Status:
    Certified General Appraiser
    State:
    New Mexico
    Density could also mean total building area compared with the total land area. Not to confuse things but to just further clarify. You could have a 40,000 square foot house on a one acre site which would equate to 1 du per acre but the density would be .9183:1. That is a pretty dense site.

    For purposes of this report I would follow the other suggestions and report DUs per acre.
     
  7. jeanwillick

    jeanwillick Junior Member

    0
    Jun 2, 2003
    Professional Status:
    Licensed Appraiser
    State:
    Michigan
    Thanks all -- I put Low Density as it is a 4.7 acre site with 16 units. I thought this was correct, but needed to make sure for my own info (sometimes being dense myself).
     
  8. Dennis J. Black ASA IFAS

    Dennis J. Black ASA IFAS Senior Member

    0
    Mar 5, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Florida
    So you ride yourselves over the fields and you make all your animal deals and
    your wise men don't know how it feels to be thick as a brick.
     
  9. George Ellerman

    George Ellerman Senior Member

    1
    Feb 21, 2005
    Professional Status:
    Licensed Appraiser
    State:
    Ohio
    ??????:Eyecrazy:
     
  10. Mr Rex

    Mr Rex Elite Member

    14
    Jan 12, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    North Carolina
Thread Status:
Not open for further replies.

Share This Page