condo

Please bear with me explaining the specifics. I will be very greatful for any insight any of you might have. Noone seems to have ever heard of our predicament. We purchased an office condo. Our USPS suite number is #504. We are the end unit of 5 units numbered USPS suites #500 - #504. A...

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.

I have a private order from a builder who is building four separate condo developments of three units each. Each unit will be listed as A, B, and C. So it would be 123 Main St, Unit A for example. Originally before they said it would be a condo, I was completing as multi-family and was going...

I was under the impression that having a lot and a legal referring to said lot was a slam dunk in knowing the difference between a townhome style home being either PUD or a Condo ownership. However!! Have one on my desk that has a lot and legal with a lot number stated, and has a master deed...

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?

I'm a Trainee, and I'm working on a Condo for the first time. What is the required UAD format/possible answers under "Type" in Project Information > General Description?

Hello, I am licensed in Alabama. For condo appraisals, when estimating value via the Sales Comparison Approach, the resulting per square foot value includes the value of the common elements which are part of the subject. Meaning, a $150 psf value is applied to the subject GBA and no additional...

I have a very oddball assignment that has been dragging on for weeks now. Hoping someone out there can help me figure this out... I was asked to appraise a unit in a 4 unit building. All of the surrounding dwellings are single family and zoned as such. The city zoned the subject parcel...

Hello everyone. I am doing an appraisal on a very small condo project which consists of only six attached townhome style units with a self managed HOA. Per the HOA rep, there are three owner occupied properties and three tenant occupied units for a perfect 50% each. From what I gather from...

I am appraising a condo (FHA) that is newly built ( last 30 days). Condo neighborhood has about 15 houses that has sold mostly from from contract builds with the developer. In the last 5 months lumber costs have increased greatly from a year ago. From data I gathered from the developer and...

How is everyone treating these new condo "brands". Example Porsche design tower (sunny isles, florida), Fendi suites, Trump building, etc). Are you seeing any specific value being attached to these brands and do the units/projects lose any value if they lose the brand. Thanks