It doesn't matter how it functions........
Your argument falls apart right there.
Its a full basement...say 1000 sq ft. That is what is calculated in the cost approach and sales grid.
You have a 1000 sq ft basement.............
Eh, you do have a full basement but you have part of that basement area that is built in garage. I would not suggest you get your cost approach too detailed when comparing apples and oranges (full basement comps vs. homes with build in garages).
There are many costs associated with building a built-in garage. The floor area of the garage area must be lower than the remainder of the basement. And then there is that pesky grading and access to the built-in garage. The backhoe guy does not work for free.
So, you build a house with a 1000 sq. ft. basement. Two years later, you cut a hole in the wall and put in a garage door. Now, you don't have a 1000 sq ft basement? I guarantee you a potential buyer still sees the 1000 sq ft basement.........
Eh, not quite that simple. You cannot simply cut a hole in the wall and add a door. That hole you now have removes structural integrity of the original foundation. You would need a steel header most likely over the "hole" and the installation of firewall protection. And then most municipalities would require the floor to be lower than the remainder and then we get back to access. Are you building a tunnel to the new garage or are you hiring this guy:
http://nahets.org/so-you-think-youre-a-backhoe-operator/
............ A two car garage built-in the basement is inferior, due to having to walk up stairs to get to the main level of the home............
The only way to support that would be the missing basement area. As to walking up stairs to get to the main level I doubt anyone can prove a supportable adjustment.
There's little costs difference between building a 1000 sq ft basement vs building a 1000 sq ft basement and putting a garage door in. Theres a big cost difference between building a 1000 sq ft basement and then adding an attached garage to the house.
In the cost approach are you giving the built in garage more $ per sq ft than the basement?
Hhhmmm. I doubt that. See above.
the subject's garage is accounted for on the Garage/Parking line of the grid - not the Basement Line.
To clarify, the garage AREA is accounted for. Therefore calling it a full basement is double-dipping.
Because someone uses part of the basement area to park the car, doesn't take away the basement area. Its basement area, because its the enclosed area under the main level. Its a basement foundation. Saying a detached garage and a built-in garage are equal is not correct in my market area.
You are partially correct in that it is basement area. Let's change basement area to FOUNDATION area and separate the
functionality or the
utility of the basement of the property with a garage build in and the one that does not have a built in garage.
Because someone uses part of the basement area to park the car, doesn't take away the basement area. Its basement area, because its the enclosed area under the main level. Its a basement foundation. Saying a detached garage and a built-in garage are equal is not correct in my market area.
You are partially correct in that it is basement area. Let's change basement area to FOUNDATION area and separate the
functionality or the
utility of the basement of the property with a garage build in and the one that does not have a built in garage.
^^Correct^^
............If its partial basement, then its got to have another foundation such as crawl, slab, etc. Built-in garage is not a choice......
Incorrect. Referring back to your cost approach, it would take this into account.
Here is the final word from an expert...ME.
1,000 sf house with a 1,000 sf basement level of which 600 sf is considered living area but not GLA and a 400 sf drive under garage is considered a partial basement. End of discussion, stop the arguing, and do it MY WAY.
I agree with the old guy.
