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ACI Site Calculator w/"Acre" as the Metric

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ZZGAMAZZ

Elite Member
Joined
Jul 23, 2007
Professional Status
Certified Residential Appraiser
State
California
Does the ACI SCA site calculator work when the subject site size is described in acres rather than sqft? If so, should the Adjustment Threshold" be expressed in sqft, or as a fraction, e.g., ".25" of an acre?
 
I have only ever used a whole number. So no fraction. Convert your fraction to 1 and try that.
 
The whole number 1 adjustment threshold didn't work either, although methinks that the typical adjutment threshold would almost always be in in increments of an acre, at least for lot sizes up to, say, 5 or even 10 acres. I'll holler at ACI technical and update the AF accordingly. (Wondering whether the subject and all comparables' lot sizes need to be changes to sqft, although if so there would be no per-acre alternative embedded in the form. [As an aside, our industry being an art as well as a science the appraiser could simply fail to make adjustments and base his or her approach on "an absence of demonstrated lot size adjustments," [LOL], kinda like a recent assignment for an acre I just completed as a follow-up to the original appraisal that adjusted the comparables' 10 acre lots relative to the subject's 1 acre lot at like $18,000, or about $2,000 an acre in a primo view amenity upscale neighborhood, surprisingly to hit the contract price exactly. Geeessssss tough to compete with that type of competition. More to follow. Thanks for the advice. Regards.
 
Hold on a sec, I was referring to when entering the adjustment amount into the grid, I enter in SqFt or in acres, always whole number. But re-reading your question I see that it is a site calculator?
Where do you find that feature? (If different than entering adjustment into the grid)
 
Hold on a sec, I was referring to when entering the adjustment amount into the grid, I enter in SqFt or in acres, always whole number. But re-reading your question I see that it is a site calculator?
Where do you find that feature? (If different than entering adjustment into the grid)
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Immediately to the right of the "Adj/Acre" cell is the "Adj. Threshold" that the appraiser populates manually to indicate the miniumum difference required between the subject and each comparable, before an adjustment is triggered . . . although it would be interesting for an additional cell to be added that would address the MAXIMUM Threshold to address marginal diminshing returns....but I'm on hold with tech suport and will advise of the outcome ASAO...
 
Hold on a sec, I was referring to when entering the adjustment amount into the grid, I enter in SqFt or in acres, always whole number. But re-reading your question I see that it is a site calculator?
Where do you find that feature? (If different than entering adjustment into the grid)
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As an aside, I notice that you're in Virginia. I'm from West Virginia; been in Cali 25 years and might have met 10 people who realize that WV and VA are two different states. Of course, they also think that "Paris" is a casino in Las Vegas, only [LOL].
 
Hold on a sec, I was referring to when entering the adjustment amount into the grid, I enter in SqFt or in acres, always whole number. But re-reading your question I see that it is a site calculator?
Where do you find that feature? (If different than entering adjustment into the grid)
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Spoke with ACI technical support, which was helpful as always, sincerely speaking:

1) my adjustment $/acre was so low, relative to the Adjustment Rounding, that results weren't being displayed;; Either increase the former, or decrease the latter (I think);

2) The calculator will not accept a fraction of less than 1.0 in the Adjustment Threshold; consequently, acre partions cannot be used as the minimum factor (which IMO often would be the scenario with lots 1 - 5 acres in size; but one can change the metric to sqft rather than acres and make corresponding adjustments;

3) It's interesting to note IMO that the minimum threshold can be manipulated but a cell does not exist for the maximum threshold, as a way to address diminising returns.

Regards.
 
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