Mack McClain
Sophomore Member
- Joined
- Dec 22, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Georgia
Check off partial basement, because that is what you have. This does not mean you have to check off slab or crawl space as well, just check off partial basement and leave it at that. Later on in the report you will check off built-in garage. Somewhere in the remarks, if you wish to clarify just state the lower level is a partial basement WITH built-in garage.
For those who insist that the foundation section on page 1 must add up to 100%, what happens when you have overhangs on the level above the basement? The basement won't add up to 100% of the main level, and does not have a slab or crawl space. There are plenty of examples where 100% of the foundation will not be accounted for with the four checkboxes provided in that section.
Overhang is not over a foundation. Any part of the foundation should be accounted for in the appraisal.