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condition rating

  1. N

    Older But Updated Vs Well Maintained For Good Condition

    I just wanted to get some opinions on how other appraiser adjust for condition or for how many updates a property has. How do other appraiser adjust when an older property , perhaps 60 years old, but was updated say 10 years ago vs adjusting for a property that is only 15 years old and hasn't...
  2. pdaniel7

    Condition Rating And Economic Life For A House With Foundation Damage

    Hi everyone. Upon an appraisal inspection for a sale of a 2-story home constructed in 1981, I discovered a network of substantial cracks in the basement foundation wall with part of it bowing inward about 2 inches over an approximately 8'x10' area at the corner of the home. After speaking with...
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