• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Effective Year Built Before Year Built

Status
Not open for further replies.

pacman1096

Freshman Member
Joined
Aug 9, 2012
Professional Status
General Public
State
Utah
Is it possible to have an effective year built before the actual year built? If it is possible what does it mean? My county assessor records shows the years this way for my property.
Thanks
 
If the house was built in 1950 then the actual "year built" would be listed as 1950. If you modernized the structure (remodeled, updated, etc.) and it now functioned as a much newer house (relative to other properties of similar uses) then the effective age (effective year built) would be more recent... say 1990, for example.
 
So you are saying an actual year built of 1986 and an effective year built of 1982 is probably a data error?
 
If the house was built in 1950 then the actual "year built" would be listed as 1950. If you modernized the structure (remodeled, updated, etc.) and it now functioned as a much newer house (relative to other properties of similar uses) then the effective age (effective year built) would be more recent... say 1990, for example.

You should make a call to the local building dept. and inquire as to what qualifies a home to have a new actual age.
 
Effective year built? Is that a meaningful term? Sure, I understand effective age, but I've never heard the term "effective year built".
 
Effective year built? Is that a meaningful term? Sure, I understand effective age, but I've never heard the term "effective year built".

Same concept, In alot of cases when the actual age is unknown or there is extensive fire damage etc the assessor may use effective age built in lieu of the actual age. Sometimes they have the actual age and the effective age built based on remolding etc. In the case of the OP, typically if the effective age is greater than the actual age there is either some physical or functional issues. In essence its old before its time.
 
So you are saying an actual year built of 1986 and an effective year built of 1982 is probably a data error?

I don't think this was a data error, there were most likely extensive renovations/additons to the home that would qualify it by the local building dept. to be equal to a newer built home. You should call the building dept. and inquire about what those qualifications are.
 
Assessor is often a year off. Either the permit was granted in one year and the house was not started until the next. Or, it was built over time and not recorded as finished until a year or two later. Inspector inspection dates on the fringes of the property card sometimes gives clues. On older homes the year built and the year remodeled is sometimes listed. Depends on counties.
 
You should make a call to the local building dept. and inquire as to what qualifies a home to have a new actual age.

What's that supposed to mean? I didn't do any math in my example. Just the concept. Modernization reduces the effective age. Sometimes the assessor will use the term "effective year built" but, as Rex points out, it's the same concept.
 
We are obviously not on the same page, I apologize for the confusion. The term effective year built threw me, I was thinking in terms of actual age and effective age. For example: actual age of the building is 2011 per county records, however, building records and visual inspection reveal that a part of the home was built in the 50's.
 
Last edited:
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top