- Jan 3, 2006
- Professional Status
- Certified Residential Appraiser
I have received a request to do an appraisal on a property that is zoned single family residential but the owner of the property has been granted a special exception permit allowing him to operate a business and lease space to other businesses. If he transfers the property the special exception permit is void and the property would have to transfer back to a single family residence. So should the property be appraised as a single family with cost to cure or as a commercial property? Thanks for the help!