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Condo - Detached or Attached?

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Walter B

Thread Starter
Sophomore Member
Joined
Sep 6, 2007
Professional Status
Certified Residential Appraiser
State
California
I am appraising a Condo. Three walls are not attached, but the other
4th wall is attached but only by a overhanging roof line - it is almost like
an awning and is adjoining the 4th wall of the subject condo to another wall of the neighboring unit.
The owner seems to be convinced that it is detached. I am thinking attached.
How would you treat this? Thank you
 

Mztk1

Senior Member
Joined
Dec 3, 2006
Professional Status
Certified Residential Appraiser
State
Florida
I say detached because they do not share a common wall.
 

Walter B

Thread Starter
Sophomore Member
Joined
Sep 6, 2007
Professional Status
Certified Residential Appraiser
State
California
Would you just call it detached, or detached with some sort of an
explanation for the awning or attached roof line?
 

Mack McClain

Sophomore Member
Joined
Dec 22, 2006
Professional Status
Certified Residential Appraiser
State
Georgia
I would call it attached. If any part of the structure is attached....walls, roof, ect....then it is attached. It would not be competitive with a typical detached dwelling. However, it would be competitive with an attached dwelling.
 

Walter B

Thread Starter
Sophomore Member
Joined
Sep 6, 2007
Professional Status
Certified Residential Appraiser
State
California
That's kind of what I was thinking too - thanks
 

Mike Kennedy

Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
Semi-Detached w/explanatory 1 liner comment (describe and comment on whether typical or not in market, marketability, etc.).
 

Joyce Potts

Elite Member
Supporting Member
Joined
Feb 6, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Who cares. Whatever call you make, explain it.
 

Walter B

Thread Starter
Sophomore Member
Joined
Sep 6, 2007
Professional Status
Certified Residential Appraiser
State
California
I just know that the owner is going to be call me on this one if I call it attached
so I want to make sure that I am correct and can easily explain/defend myself.
 

Mztk1

Senior Member
Joined
Dec 3, 2006
Professional Status
Certified Residential Appraiser
State
Florida
I think Joyce has it right. I'd go with detached for the reasons I said, but I wouldn't say anyone who said different was wrong. Either way you go you need an explanation.

As far as it not competing with detached units, I think it would. If you have detached condos and a condo like these, attached at the awning, I think they would be highly competitive assuming everything else is about equal.
 

Richard Carlsen

Elite Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Michigan
My rule of thumb (carries the full force of a semi-literate white man) has always been that if any part of one unit touches another unit, they are attached. Otherwise, we consider them site condos. Fortunately, we don't have a lot of condos in Northern Michigan and since I do not accept attached condo assignments any more, so my concern for the attached kind is very low indeed.
 
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