Tom Woolford
Elite Member
- Joined
- Nov 20, 2005
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Final word from Atlanta HOC:
"The appraiser must treat garage conversions as part of GLA provided that it is accessible from the interior of main dwelling in a functional manner; has a permanent/sufficient heat source and in keeping with the design/appeal/quality of construction of the main dwelling.
Conversions that do not meet the above are to be addressed as a separate line item in the sales grid, not in the GLA. Appraiser must address the impact of inferior quality conversions on marketability as well as contributory value, if any."
No permit? Fine. So I'm running with it
"The appraiser must treat garage conversions as part of GLA provided that it is accessible from the interior of main dwelling in a functional manner; has a permanent/sufficient heat source and in keeping with the design/appeal/quality of construction of the main dwelling.
Conversions that do not meet the above are to be addressed as a separate line item in the sales grid, not in the GLA. Appraiser must address the impact of inferior quality conversions on marketability as well as contributory value, if any."
No permit? Fine. So I'm running with it