Standardized Property Measuring Guidelines

[ramrcdk]

NFPA 72®​

National Fire Alarm and Signaling Code®​

NFPA 72 provides the latest safety provisions to meet society's changing fire detection, signaling, and emergency communications demands. In addition to the core focus on fire alarm systems, the Code includes requirements for mass notification systems used for weather emergencies; terrorist events; biological, chemical, and nuclear emergencies; and other threats.

Current Edition: 2022​

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no reason to stop with measuring "codes"

So right!!! AND next is the Home Inspection-Inspector using THE same : UAD descriptions.

 

[shrubberyvaluation]

I just watched a webinar abouit ANSI. They used that example. They claimed that ANSI just says to use the farthest measurements. Just have a peice of siding that sticks out and extends the measurement

So then we will be forced to explain why the GLA is not indicative of how market participants view the property and make it all confusing why we are not adjusting for the extra square footage that is not usable living area.

 

[ramrcdk]

Crazy: WE have to PAY for the 2021 Guide. $25.

Via: McKissock is offering a live stream course titled Measuring 1-4 Unit Residential Properties with ANSI Z765 Standard.

The American National Standards Institute (ANSI) revised its Z765 Standard early in 2021; previous versions of this standard should not be used. Appraisers should note that ANSI Z765 applies only to single-unit (single-family) residences. Also, ANSI Z765 must be used in its entirety; an appraiser is not permitted to pick and choose which part or parts of the standard to use.

ANSI Z765 is a copyrighted document; a downloadable PDF is available for purchase from Home Innovation Research Labs for $25.00. The website can be accessed here: https://www.homeinnovation.com/z765.

Those IN THE Know: Can we download-provide it HERE (on the forum)? I didn't read that "each individual appraiser" must pay.
If I shared an office with appraisers would EACH have to pay $25?? What IF I retain an older Version where NO measuring changes have been "updated for years" and the recent updates are those below.

EDIT: in research the newest change dated 01/06/22 "Application for Accreditation as a Developer of American National Standard" Source: psa@ansi.org January 6, 2022.
Otherwise years of past EDITs are patent & editorial fluff over the years.

SO anyone know when the UPDATE to the UPDATE will inform us of HOW this 2021 (2022) is any different than ...it's been for YEARS??

**FANNIE MAE EXCEPTION: If the appraiser is unable to adhere to the ANSI Standard, the appraiser will provide the code “GXX001 –” in the Additional Features field on the appraisal form and must explain why compliance was not possible.

 

[Mejappz]

Fannie should pay the $25.00 for each appraiser competing appraisal for them. The "standards" will now change every two years.

 

[Mejappz]

I promise you can pass the ANSI course with ease. It is easy to measure using ANSI.

Zoe/Eli, you have gone off the deep end on this one. I do like your new Avatar in a strange, bizarre kind of way.

 

[Mejappz]

This topic is blowing up over at Appraiser Blogs. 99% of it is negative.

 

[residentialguy]

What's new? Appraisers always measured using ANSI and deviation from ANSI is still allowed.

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[J Grant]

So then we will be forced to explain why the GLA is not indicative of how market participants view the property and make it all confusing why we are not adjusting for the extra square footage that is not usable living area.

Just because we use ANZI as the standard, does not relieve us of ALSO reporting and adjusting for how the market participants view the property, and if there is extra sq footage that is not usable living area but the market is paying for it, then we adjust for it and explain why

 

[KenAZ]

I am not new to this rodeo. FNMA has hired a few geeks that are just trying to out-smart appraisers, and they think they can add more regulations. They are trying to take away appraiser judgments through regulations. The problem is that we NEED appraiser judgments. We know if the market supports ANSI, or if the comps in our area require rounding to the 1/2 foot. That is how my market is. Now we are required to use ANSI for our subject, when we know that the comps are not up to ANSI standards.

You may say that it doesn't matter, but that just proves that ANSI is not the solution to a made up problem that does not exist.

ANSI requires us to double-dip on stairways, which provides a slightly misleading report. The more accurate way to measure is to only double dip if there is a closet under part of the stairway. ANSI makes it easier for us to measure stairs, but it is not accurate. Spiral stairways are not required to be included in GLA.

The only way this ANSI crap is going to work, is if all MLS and tax data is revised using ANSI. Right now, NONE of our comps are using ANSI standards, so our reports are going to either make adjustments that are not supported, or add a comment that we have a limited idea of the size of the comp, but assume it is similar to what tax or MLS tells us, BECAUSE we do not know the ANSI size of the comps.

I don't have livable attics in my area, but those of you that do are going to have trouble. Is the comp including an attic that has a 6'10' ceiling over 50% of the attic? Good luck figuring that out. Guess we need to do an interior inspection and measasurements of all of our comps.

 

[Fernando]

My main issue which will slow me down and take much of my time is measuring to 1/10th foot.
If on average, one wall measurement is 40 feet. A one tenth foot measurement difference is less than 0.3% difference.
It doesn't make statistically sense to be so accurate.