Adjustments should be made for all items which YOUR market recognizes (sp). A sprinkler system would not likely require an adjustment in my market (we get plenty of rain), however, in dry climates.....????
Just because the 2055 form does not provide the same number of lines as a URAR, adjustments can still be made for differences when necessary. Use the unlabeled lines at the bottom and make your own label (i.e. fireplace, HVAC, etc.).
Agree with Liz - the 2055 is merely a different form of an appraisal which essentially eliminates the Cost and Income Approaches and most of the first page of the 1004 where you describe the subject. However, the presence of the grid on the form indicates that differences between your subject and comps need still be adjusted as the market indicates. That's why I only drop my price $25 - same value, just different format. :usa:
Was looking for "all of the above". I finally dropped doing individual adjustments on the 2005 and lump them together and use.....Equal Upgrades, Inferior Upgrades, or Superior Upgrades with the exception of Patios/Decks and Fireplaces. Haven't had any underwriters ever kick one back but with the new changes placing more responsiblity on the UW look for that to happen.
I usually use all the above, but it sure starts to look messy when you have 3-5 cryptically abbreviated items per line. I like Mike's suggestion of lumping them into three categories (and I am assuming, then detailing and explaining in the addendum?).