highest & best use

Good Afternoon. I have a question regarding HBU which I could not find guidance in the USPAP manual. I have a single family home located in a Rural Agricultural zoned area. It has between 15-20 acres and outbuildings which is typical for the area. One outbuilding, a 5000+ sf workshop...

Hi all! TIA for all the help. This forum has been a lifesaver for a newer appraiser, such as mysef. I have an odd subject I'd love to hear opinions on. My subject is a 1900 build, originally built as a single-family home. It was converted to an up/down style duplex in the '60s but hasn't been...

Hey all, this is my first post, I hope it comes out coherently! My assignment: I was engaged to perform an appraisal on a FNMA 1004 form. The subject property is in close proximity to Arizona State University. In the subject's market area, the majority of comparable homes are rented as...

Hey all, this is my first post, I hope it comes out coherently! My assignment: I was engaged to perform an appraisal on a FNMA 1004 form. The subject property is in close proximity to Arizona State University. In the subject's market area, the majority of comparable homes are rented as...

I have a VA purchase appraisal assignment that consists of one manufactured home that sits on one lot and there is a second lot that is vacant, unimproved, separate assessor parcel number that is included in the purchase. :unsure:The second lot is adjacent to the subject property and is vacant...

Currently working on an FHA appraisal of a 5 acre manufactured home. During the inspection the owner informed me that he inherited the front 3 acres of the property 6 years ago and combined it with his 2 acres to get the 5 he has now. All improvements on the property are on the rear 2 acres...

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...

Just got an order from a client. Basically a woman who owns 3000+ acres is breaking off 20+ and selling it in a private sale. The 20+ acres also has a manufactured home on it in a rural area with no zoning, so any and all uses are permitted. Was it appropriate for me to decline the order on...