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adjustment

  1. NJAPRAZE

    Condo/High Rise Question

    other than paired-sales within the building... how can you extract a "floor" adjustment (if no paired-sales)? Typically - my experience has been more of a premium for higher floors due to their views, etc.
  2. NJAPRAZE

    Fire Damaged Home - impact on value

    anyone have experience appraising such a property? I viewed a home recently where the living room was charred due to a "localized surface area fire"... but no other damage in house (other than dirt/soot/cosmetic); no structural deficiencies, no impact to major systems, and no water damage...
  3. CaliforniaSD

    View Adjustment Guidance and Opinion Help Please

    The subject property is facing a canyon across the street and there are two bedrooms on the 2nd floor level that have a view of the canyon if you stand up and look out the window. The listing agent is very adamant that this constitutes a view. I have no comparables in the subject neighborhood...
  4. CaliforniaSD

    Appraisers and Land Value Adjustment Help

    I noticed that a lot of appraisals that I have reviewed in my area (San Diego), the appraisers typically apply a $1-$3 adjustment per a square foot of land. The value of land is not $1 a square foot anywhere in San Diego. I am working on an appraisal over an acre and a reconciliation of the...
  5. CaliforniaSD

    Tennis Court Adjustment Help Please

    Hello, I am appraising a non-arms length transaction among friends for a reputable lender. The custom built home sits on a little over an acre and has a little over 3,500 GLA. It is in a solid C4 condition. There is only one comp that I found in the market area that has a tennis court and it is...
  6. Galaxy

    Condo common area appraisal

    How would one go about appraising a staircase (~100 sf) in a rowhouse condominium, used only by one of three owners, for sale to that owner? A connecting staircase does not add as much value to a home as a bedroom or bath, but how does one approach this problem?
  7. Nancy Heiss

    Fireplace Adjustments

    Before I comment on a review assignment, do my CA peers make adjustments for fireplaces? If so, why? If MLS notes that the fireplaces do not work, do you still make those adjustments? (FYI, subject has FAU and a wall heater, so the fireplaces are not the heat source.)
  8. jaebert

    Using Plus & Minus Instead Of Numerical Adjustments

    does anyone else use plus and minus, instead of numerical adjusments? Is there a name for this process, and when do you use it?
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