- Joined
- May 2, 2002
- Professional Status
- Certified General Appraiser
- State
- Arkansas
In a previous post regarding the discontinuation of the Boeckh Residential Building Valuation System, and its replacement with M&S/Boeckh Residential Component Technology, I compared the two products against a 512 SF cabin that I had numbers for in a recent appraisal. Cost $25K with owner doing some work. Boeckh RBVS estimated $29,494 which is consistent with what i was thinking. M&SB? The Res. Component Tech calculation was a whopping $43,321 and only then when I took out all architect, builder fees, and contractor's overhead profit...with those it was an insane number approaching $100 per Sf for a plywood cabin.
I have emailed MSB for an explanation. If there is no way to adjust these numbers without guessing, then I am better off with a $40 Craftsman Building Guide than MSB. What the H--- are they thinking?
ter
I have emailed MSB for an explanation. If there is no way to adjust these numbers without guessing, then I am better off with a $40 Craftsman Building Guide than MSB. What the H--- are they thinking?
ter