- Joined
- May 22, 2015
- Professional Status
- Certified Residential Appraiser
- State
- Pennsylvania
GLA is GLA, do you make a bigger GLA adjustment for big atrium spaces, i haven't seen that, especially with ansi. So, I think an adjustment would be put under that rarely used line on the grid 'functional utility'. A low ceiling is a functional utility issue not a depreciated issue, which becomes a living issue. But you have to show where that number came from, which might make some sense. Without that matched pair, hope for the best and that you ain't sent to the state.
So using func depreciation, i would take the height difference as a percentage to subtract from a GLA number used. I guess that's better, than no other evidence. 9 foot ceiling minus 7 foot = 2 foot macro 22% depreciation of a normal GLA adjustment on the functional utility grid line. Now that number may not be high enough, but at least i have something. Given i have no other proof of my brilliance, and an explanation that few will understand to disagree with, i'm in. If this makes sense, then i'm more brilliant than i always thought. But if it doesn't, but i got nothin better, still brilliant. Thank me poster.
So using func depreciation, i would take the height difference as a percentage to subtract from a GLA number used. I guess that's better, than no other evidence. 9 foot ceiling minus 7 foot = 2 foot macro 22% depreciation of a normal GLA adjustment on the functional utility grid line. Now that number may not be high enough, but at least i have something. Given i have no other proof of my brilliance, and an explanation that few will understand to disagree with, i'm in. If this makes sense, then i'm more brilliant than i always thought. But if it doesn't, but i got nothin better, still brilliant. Thank me poster.