Church Appraisal is this considered commerical

[Vic Stanionis]

Q: I just received a call from a new client, who is a minister of a church, and would like to have an appraisal of a single family residence, and an appraisal of their church.

Is an appraisal of a church facility considered commercial, requiring General Appraiser to perform or can certified residential appraiser perform this valuation? The subject area is in an urban mixed use setting in Peekskill, NY.
There are multi-family residences, single family residences and some commercial properties on the same street as where the church is located.

I think I may have answered my own question, since I just looked at a zoning map I have of Peekskill and the subject is located in a C-3 General Commercial zone. So this would be a commercial assignment to appraise the church, is that correct? Please confirm...thank you.

Regards,
Vic Stanionis

 

[Ken B]

Is a church a 1-4 family residential property?

 

[Vic Stanionis]

Ken B is that a rhetorical question or are you actually wanting me to answer that?

 

[TEL2002]

Just be sure your description & pictures of the church, do not show or indicate anything to do with churches/religions, since we do not want some biased UW approving or disapproving a loan based upon those photos, etc.

I would suggest just sending totally blackened out pictures...would be simpler than trying to photo shop out everything that is not supposed to be there.

ROFL

 

[Ken B]

Ken B is that a rhetorical question or are you actually wanting me to answer that?

If you answer my question, you have answered yours.

Typically, those with residential appraisal licenses/certifications may appraise 1-4 residential properties.

Those with general appraiser certifications are permitted to appraise everything and anything if they are competent to do so. This would include residential, commercial, industrial, special-use, ad nauseum.

FWIW, a church is a special-use property, although it might have some potential to modified for a different use.

 

[Mark K]

If you answer my question, you have answered yours.

Typically, those with residential appraisal licenses/certifications may appraise 1-4 residential properties.

Perhaps a straight answer the first time would have helped.

In this state, CR's are allowed to appraise numerous non-residential properties including certain commercial properties, non-FRT appraisals.

In any event, this state considers churches a special use property that requires a CG license to appraise. The OP should check his state regs for guidance to determine whether he can legally proceed and then decide if he has the experience/knowledge necessary.

FWIW, location in a C3 district does not determine whether its commercial, residential, or other.

 

[The Warrior Monk]

http://www.dos.ny.gov/licensing/lawbooks/RE-APP.pdf

§1101.2 Scope of practice for certified residential real estate appraiser

(a) The scope of practice for a certified residential real estate appraiser is limited to:
(1) the appraisal of 1- 4 family residential units without regard to value or complexity; and
(2)the appraisal of vacant or unimproved land that is to be utilized for a 1- 4 family residential unit without regard to value or complexity, or vacant or unimproved land for which the highest and best use is a 1- 4 family residential unit without regard to value or complexity.

(b)A certified residential real estate appraiser shall not appraise a residential subdivision, except that a certified residential real estate appraiser may appraise individual properties within a subdivision.

 

[Michigan CG]

......Is an appraisal of a church facility considered commercial, requiring General Appraiser to perform or can certified residential appraiser perform this valuation? ...........I think I may have answered my own question............the subject is located in a C-3 General Commercial zone.......

Vic,

Let us for a minute say that your license would allow you to appraise a church. Would you know how to do it?

Church appraisals are not much fun in my opinion.

............................................................

Zoning does not dictate what one can appraise.

 

[CANative]

Zoning does not dictate what one can appraise.

I don't think that is what the OP meant.

 

[Ken B]

Perhaps a straight answer the first time would have helped.

I have always believed that an answer which requires thought was superior to an answer which required none.