• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Appraisal of Detached Townhouse

Status
Not open for further replies.
Make an adjustment to end unit townhouse comps in the amount of the difference between an end unit townhouse and an interior townhouse. Two times the adjustment for an interior townhouse comp.

heh.... Can't wait for the arugment to start.
 
Make an adjustment to end unit townhouse comps in the amount of the difference between an end unit townhouse and an interior townhouse. Two times the adjustment for an interior townhouse comp.

heh.... Can't wait for the arugment to start.

Op says subject detached and not a PUD no HOA

Semi detached SFR one adjustment Attached SFR twice that. Detached SFR no adjustment. Works up here in the Big Apple. Then again I am as far away from Texas as I am from Alaska. I wouldn't use anything in a HOA but then again I wouldn't have to.
 
The townhome developments (my post #28) are primarily located in the City of Chicago and are typically masonry (face brick facades are common) so there is no need for any paint.

So your general rule “townhomes are PUDs” is utterly incorrect in the above market

The suburban townhome developments (in my area) are typically PUDs (with some exceptions) or condos

So what is keeping someone from painting their side of the brick/masonry Hunter Orange or lime green or tearing their part down and doing any legal construction they want?

And while some parts (like Chicago) may have these non HOA Townhomes, I would still argue that they are not the norm across the country, or even in the state of IL... and as a general rule, townhomes are PUDs.

I lived in Chicago in the late 70's early 80's and the townhomes I knew of had mandatory dues. Maybe that's not the case now, but I would wager that that as a general rule, the "non-PUD' townhomes you speak of are the minority, not the majority representation of townhomes in Chicago. :flowers:
 
Hey in NY 99% of Townhouses are not PUDS. If you want to paint the front of your attached house purple in Brooklyn, Bronxs, Queens or NYC no problem. And there is one hell of allot of them.
 
Actually we probably have more Townhouses in Brooklyn then you have in your whole State. Not bragging but thats the way it is. They are not typically PUDS Condos or Condoms.
 
So what is keeping someone from painting their side of the brick/masonry Hunter Orange or lime green or tearing their part down and doing any legal construction they want?

And while some parts (like Chicago) may have these non HOA Townhomes, I would still argue that they are not the norm across the country, or even in the state of IL... and as a general rule, townhomes are PUDs.

I lived in Chicago in the late 70's early 80's and the townhomes I knew of had mandatory dues. Maybe that's not the case now, but I would wager that that as a general rule, the "non-PUD' townhomes you speak of are the minority, not the majority representation of townhomes in Chicago. :flowers:

So where in Chicago did you live?
 
Actually we probably have more Townhouses in Brooklyn then you have in your whole State. Not bragging but thats the way it is. They are not typically PUDS Condos or Condoms.


Sounds like you might. But those don't sound like a townhome. They sound more like our Twin homes. They are like Townhomes, but they typically don't make up a complex with common areas. Twin Homes typically do not have an association, but not always. They can get a bit confusing, but Twin homes have special requirements, ie - Firewall between units extends to roof. Water and sewer mains are separate to street.


So where in Chicago did you live?

2 East Oak St - corner of Oak & Rush. Had a blast there! Of course I was young single stud. ;)
 
He lived in the PUD side. I guess thats different from the South Side.

LOL - I got your PUD side
:dancefool:


Anyway, like Mike said earlier - Different parts of the country refer to things differently. What you call a Townhouse is probably completely different then what my state considers a townhome.
 
Last edited:
LOL - I got your PUD side
:dancefool:
Different Worlds We don't have Twin Houses A Horse is a Horse Call it what you like. Townhouse up here typically do NOT have common areas unless of course you call the street that.

Peace
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top