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Suburban or not?

Discussion in 'Urgent - Help Needed' started by Don Geronimo, Mar 1, 2006.

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  1. Don Geronimo

    Don Geronimo Sophomore Member

    0
    Feb 14, 2006
    Professional Status:
    Licensed Appraiser
    State:
    Virginia
    How would you define a house as suburban? Distance to comps? Or The enviroment around the house? Or whether or not the majority of the folks commute out of the area for work (and there is a not a massive distance between homes)?

    I was asked by an UW to discribe why a house was suburban, never been asked that one.

    Any ideas or thoughts would be helpful.
     
  2. Ray Miller

    Ray Miller Elite Member

    0
    Feb 20, 2002
    Professional Status:
    Licensed Appraiser
    State:
    Wisconsin
    Urban if you stand on your porch and can pee in your neighbors yard and no cops come.

    Suburan, if you stnad on your porch and can only pee in your yard and the cops come.

    Rural, no one cares where you pee.
     
  3. Mary Ann Lewis

    Mary Ann Lewis New Member

    0
    Feb 28, 2006
    Mary Ann

    I heard it this way:

    Urban: You stand on your porch naked, lots of neighbors nearby, nobody calls the cops.

    Suburban: You stand on your porch naked, neighbors nearby aren't as close but can still see you and they call the cops.

    Rural: You stand on your porch naked, there isn't anyone around to see you or call the cops.
     
  4. Thomas Fiehler

    Thomas Fiehler Senior Member

    2
    Jun 2, 2003
    Professional Status:
    Certified General Appraiser
    State:
    Ohio
    Why not ask the UW for their definition? That's the one you need to "please".
     
  5. David Wimpelberg

    David Wimpelberg Moderator Staff Member Moderator

    45
    Mar 30, 2005
    Professional Status:
    Certified General Appraiser
    State:
    New York
    :rof: :rof: :rof:
     
  6. jakeboeger

    jakeboeger Member

    0
    May 12, 2005
    Professional Status:
    Licensed Appraiser
    State:
    California
    What led you to believe that the area was "suburban" in the first place?

    I hope it wasnt just a guess.

    To answer your questions, I would consider an area Urban, Suburban, or Rural based on the development characteristics/environment.
     
    Last edited: Mar 1, 2006
  7. Proactive

    Proactive Senior Member

    22
    Jan 15, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    Washington
    Don,

    From the Dictionary of Real Estate Appraisal, 3rd Editon-

    Urban: Describes a mature neighborhood with a concentration of population typically found within city limits or a neighborhood commonly identified with a city.

    Suburban: Describes a neighborhood that contains complementary properties with less concentrated population than is typically found in an urban neighborhood.

    Rural: Pertaining to the country as opposed to urban or suburban; land under an agricultural use; signifies areas that exhibit relatively slow growth with less than 25% development.

    Rurban: An area in transition from agricultural use to suburban residential and commercial development; an area with both rural and suburban characteristics that is within commuting distance of a city.

    I dare ya to lay Rurban on them....

    Generally, I've used an old FHA rule; inside city limits, urban. Outside city limits, suburban (And outside city limits with three or more cows across the street, rural).
     
  8. Steve Wyrick

    Steve Wyrick Member

    0
    Aug 15, 2003
    Professional Status:
    Certified General Appraiser
    State:
    California
    Don,

    Copy all the above answers, email them to your UW, and then ask him for a their definition. Please let us all know, since to appriaser's this question is like a 5 year old child asking "Why"? There is no set answer.
     
  9. Austin

    Austin Elite Member

    0
    Jan 16, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Virginia
    Read The Form

    If you read the appraisal form you will see the differences. The form has three columns. The first column is developed 75% and above and below it says urban. The next column says 25 to 75% developed and says suburban. The third column says 25% or less developed of available land and below it says rural. If you check 25% or less, to be consistent with the form, it has to be rural. Si or no?
     
  10. Chris Colston

    Chris Colston Elite Member

    0
    Jul 24, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    Florida
    That's a new one on me...I live in an area that is 100% built up....no more vacant land to be purchased unless the existing structure is demolished first. And while it is an incorporated city the population is only 12,000. We are considered a SUBURB of Orlando even though we are over an hour away. The industry, here, is tourism. Out side, in other cities, the industry is aerospace along with tourism.
     
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