Real Estate Appraisal Forum

appraisersforum.com logo
The Premiere Online Community for Real Estate Appraisers!
 Fastest Way to Find a Real Estate Appraiser Enter Zip Code:
 
 
Go Back   Appraisers Forum > Real Estate Appraisal Forums > Urgent - Help Needed
Register Help Our Rules Calendar Archives Mark Forums Read


Closed Thread
 
Thread Tools
  #1  
Old 03-02-2006, 03:26 PM
Tran Nguyen Tran Nguyen is offline
 
Join Date: Apr 2005

Posts: 13
Default Different zoning

The subject property is in Zoning A, all the closed sales are in Zoning R1-8. Can I use them as comparables? I'm in N.California.
Please help. Thank you
Sponsored Links

  #2  
Old 03-02-2006, 03:50 PM
Oregon Doug Oregon Doug is offline
 
Join Date: Jan 2002
Location: Westcentral Oregon
State: Oregon
Professional Status: General Public
Posts: 1,963
Default

Zoning designations & what mean are local (town, county..) matters - you'll need to talk to a more local appraiser that knows & understands what "A" & R1-8 mean. kinda like my asking you the difference between EFU, F2 & T1 zoning (one of my personal favorites is CR).

Oregon Doug
  #3  
Old 03-02-2006, 05:12 PM
Fred Fred is offline
 
Join Date: Jan 2002
State: Virgin Islands
Professional Status: Retired Appraiser
Posts: 11,390
Default

Are the properties improved?
  #4  
Old 03-02-2006, 05:39 PM
Jerry Lieb Jerry Lieb is offline
 
Join Date: Aug 2004
Location: Banning, California
State: California
Professional Status: Certified General Appraiser
Posts: 334
Default

Tran,

Zoning is all-important when it comes to land. Without knowing what A means, I will take a wild guess that it is probably an Agricultural zoning of some type. You need to find out for sure by going to the local governing agency and personally looking at a zoning map.

From the sound of your question, I am concerned that you do not have extensive experience appraising land. (Correct me if I'm wrong). If I am right, then you should working on this with someone from your area who has such experience. (Remember the Competency Rule.)

I am in Southern California. A lot of formerly Ag zoned land has become R-1 of various densities, as the demand for subdivisions continues and the H & B Use changes. If the situation is similar where you are, you should find out two things: 1) what was the R1-8 land zoned AT TIME OF SALE or immediately before sale, and 2) What the the general plan show for the A zoned land. If it is to become R1-8, then that might be something to consider.

There are many factors involved in appraising vacant land; zoning, present and future, availability of utilities, environmental issues, flood zone issues, etc. The list goes on and on.
  #5  
Old 03-02-2006, 08:06 PM
Tran Nguyen Tran Nguyen is offline
 
Join Date: Apr 2005

Posts: 13
Default

The property is not improved. It's a 450Sq.Ft. house, and the site is about 13000Sq. Ft.
Thank you Jerry. According to Assessor office, 98% of the value of this property is on the land. I have no experience on appraising vacant land so I sent the order to my former mentor.
Thank you everybody.
  #6  
Old 03-02-2006, 09:04 PM
Wally Jones's Avatar
Wally Jones Wally Jones is offline
 
Join Date: Jan 2002
Location: Lakeland, Florida USA
State: Florida
Professional Status: Certified Residential Appraiser
Posts: 1,722
Default

Tran, would your former mentor let you assist him in doing the report? That would be a great learning experience.
  #7  
Old 03-02-2006, 10:33 PM
Hoa Vinh Hoa Vinh is offline
 
Join Date: Feb 2005
Location: Milpitas
State: California
Professional Status: Licensed Appraiser
Posts: 14
Default

Yes, we have a good relationship.
  #8  
Old 03-02-2006, 10:43 PM
Hoa Vinh Hoa Vinh is offline
 
Join Date: Feb 2005
Location: Milpitas
State: California
Professional Status: Licensed Appraiser
Posts: 14
Default

My boss always help Tran and I with complex appraisals although we left the
nest months ago.
Sponsored Links

Closed Thread


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump




Copyright © 2000-, AppraisersForum.com, All Rights Reserved
     Terms of Use  Privacy Policy
AppraisersForum.com is proudly hosted by the folks at AppraiserSites.com

Fastest Way to Find a Real Estate Appraiser Enter Zip Code:
Partner Sites:
AppraiserUSA.com - National Appraiser Directory AllDomainsUSA.com - Domain Name Registration
DeadbeatListings.com - Deadbeat ListingsAppraiserSites.com - Web Hosting for the Professional Real Estate Appraiser
Find FHA Appraisers - FHA Appraiser Search Commercial Appraisers - Commercial Appraiser Search
Relocation Appraisal - Find Relocation Appraisers Domain Reseller - Business Opportunity
Home Security Buzz - Home Security Info Radon Testing - Radon Gas Info
My Medicare Forum - Medicare Info Stop Smoking Help - Help Quitting Smoking
CordlessPhoneStore.com - Great Cordless Phones AndroidTabletCity.com - Android Tablet Computers

Follow AppraisersForum.com:          Find us on Facebook            Follow us on Twitter


All times are GMT -5. The time now is 12:58 AM.

SiteMap: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93