Appraisal of Detached Townhouse

[Lee Lansford]

No CPS and Lee your both wrong. Also CPS the correct spelling is oxymoron.

It is detached townhouse zoned TH-3 Townhouse. Yes it is single family residential but not SFR zoning. That makes it a Detached Townhouse

The lot is 3500 sq ft improvements are 3 story 2400 sq ft and it does not conform because the detach makes it one of a kind.

Thank you TJSum and Residential Guy. I will take your advise

Sorry, David, but CPS and I are correct.

Detached Townhouse = oxymoron. Period.

From "The Dictionary of R.E. Appraisal" (3rd ed., AI): "townhouse: A single-family, ATTACHED dwelling..." Unless you're considering that the dwelling is "attached" to the earth and such satisfies the definition.

 

[David Morgan]

Townhouse

Yes you are both wrong. Remember I am trying to appraise it not just define it. I am not looking for help with defining the property and I never said it wasnt single family detached. I said it is zoned TH3 townhouse and therefore I cannot use single family detached comparables zoned SFR1. You should have used a dictionary to look up the correct spelling of oxymoron. Please if you can write something helpful then go to another website or better yet dont you have any work to do? I appreciate your ending this nonsense.

 

[Lee Lansford]

Yes you are both wrong. Remember I am trying to appraise it not just define it. I am not looking for help with defining the property and I never said it wasnt single family detached. I said it is zoned TH3 townhouse and therefore I cannot use single family detached comparables zoned SFR1. You should have used a dictionary to look up the correct spelling of oxymoron. Please if you can write something helpful then go to another website or better yet dont you have any work to do? I appreciate your ending this nonsense.

This is a public forum. When an appraiser mis-identifies a property type, someone must correct the error.

 

[LI-Appr]

You have to define it to appraise it. This is a one fam detached. Are you the zoning police are are you looking for market value. Scope of Work. I am sorry but do not see the problem. it is what it is. It isn't just the zoning.

 

[David Morgan]

Dear Oxymoron

I did not misidentify anything. You did are trying to prove how smart you are. No wonder you have so many post and no work. Your a real piece of work

 

[Ken B]

A town home, by definition, is an attached property.

Here is the summary TH-3 zoning district regulation. Perhaps I missed the requirement that a structure located in this district must be described as a "town home" or even that any residence must be attached to another.

http://www.dallascityhall.com/zoning/html/th-3_a__-_townhouse_3_district.html

Here is the complete regulation. Again, perhaps I missed the requirement that residences in the district be attached to anything.

http://www.amlegal.com/nxt/gateway....ates$fn=default.htm$3.0$vid=amlegal:dallas_tx

Edit: The Development Code in the above link is located in Volume III. A direct link to the specific page does not work, but the TOC points you in the right direction.

I guess there's a reason those cowboys wear boots.

 

[Webbed Feet]

Urgent help needed! But only if it's help I want!

Well, hmmmmmm, let me see. Perhaps not ideas, but observations.

In this section of the forum we often have appraisers present to the forum not understanding how to comp out their subject. Many of them state that they lack the background experience to be confident how to adjust for an important element of comparison.

My observation is the above is a good example of an appraiser that should probably be following the Competency Rule in USPAP as a first step. This certainly is better than coming here ready to do battle if some responders didn't respond precisely as wanted. Because that is the price of asking for help. The help returned may not always be what we had in mind when we asked for it, but it's help nonetheless. If we don't like that and can't handle it, then maybe we have no business presenting our lack of competency in order to get help. Maybe in that case what should be done is just turn the assignment down. We could do this as a part of informing our client regarding the competency issues, as USPAP commands that we do. Then the angst of getting any responses to our questions that we don't want to read would be entirely avoided, and we can go on our merry way in life not having learned a darn thing.

 

[Green Hornet]

No CPS and Lee your both wrong. Also CPS the correct spelling is oxymoron.

It is detached townhouse zoned TH-3 Townhouse. Yes it is single family residential but not SFR zoning. That makes it a Detached Townhouse

The lot is 3500 sq ft improvements are 3 story 2400 sq ft and it does not conform because the detach makes it one of a kind.

Thank you TJSum and Residential Guy. I will take your advise

David,

Does the zoning allow SFRs? In my neck of the woods, it would be a SFR regardless of the zoning. I don't usually allow the zoning to dictate the type of ownership or the type of improvement. It can dictate if it is legal or not.

I don't remember from your OP, but are there any other SFRs near by?

 

[RSW]

Isn't a townhome a generic name for a PUD? Anyways, how can you have a detached townhome? Sounds like a SFR in a PUD to me!

 

[Mr Rex]

Townhome is an architectural style, not a form of ownership. The architectural style is usually considered to be attached housing. Local zoning means bubkas.