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C-2 Or C-3

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BODEPHUS

Member
Joined
Jul 18, 2013
Professional Status
Certified Residential Appraiser
State
Texas
Hey AF-
Completed an assignment on a home built in 1968.. was a 3 Br-2 Bath.. now a 4 Br/ 2.1..in an area that is increasing where demand is high.. homes are being somewhat or fully remodeled due to the age.
This subject has been I would say about 3/4 remodeled... remodeled kitchen and baths.. added a half bath. converted garage to make a new Master Br/Bath.. added a new 2 car att. gar. the rest of the home is the original plans.
Any thoughts?
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
If not virtually all as new it's C3, describe in detail of course, the remodeling done vs what is original.
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
C3 per the Fannie Mae definition.
 

Sid Holderly

Senior Member
Gold Supporting Member
Joined
Jun 16, 2005
Professional Status
Certified Residential Appraiser
State
Indiana
agree with the C3
 

BODEPHUS

Member
Joined
Jul 18, 2013
Professional Status
Certified Residential Appraiser
State
Texas
It's Unanimous!! I love it.. I'm just glad we have this Forum for fellow appraisers.. God Bless AF..
 
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