Excess or surplus land?

[J Grant]

Although a site might meet the "technical" definition of excess land. The HBU analysis would the determine the best use for the excess land. If nobody is selling or buying the excess land and properties with the excess land are typically sold as one. You have excess land by definition but it is being used as surplus in the market.

The "technical aspect", what a lot and site are zoned for/the allowable minimum size of a lot to build on exists regardless of HBU or how a market sees things. You describe it correctly. But just because a market decides buying or selling the excess land is not preferable at this time, does not turn it into surplus land.

"The subject parcel is comprised of two lots, one supports the dwelling, and the adjacent lot is excess land The market preference at the present time is not to sell the excess lot."

 

[J Grant]

Information provided by me is provided for the purpose of disputing those who think they cannot be wrong. It's up to individuals to decide for themselves what is right and what is not. J's signature only goes on J's appraisals (hopefully).

Nope, appraisal practice has certain definitions. Substituting a personal idea for the established, correct definition is misleading, and that is what makes it wrong- not mine or Mark's or anybody's idea about it. The definition of excess land is what it is.

 

[Dublin ohio]

does not turn it into surplus land.

You just like to argue to argue. I never said it turned it into surplus land. I said it was being used as surplus land.

 

[alebrewer]

Nope, appraisal practice has certain definitions. Substituting a personal idea for the established, correct definition is misleading, and that is what makes it wrong- not mine or Mark's or anybody's idea about it. The definition of excess land is what it is.

Thank you for confirming my accusation.

 

[J Grant]

?? wrt Alebrewer - (I agree with Dublin Ohio's last post

Alebrewer, you make everything personal, an accusation ?. The definitions are what they are. /nothing personal about it.

 

[alebrewer]

?? wrt Alebrewer - (I agree with Dublin Ohio's last post

Alebrewer, you make everything personal, an accusation ?. The definitions are what they are. /nothing personal about it.

You are a shining example of appraisal police. Your opinion is not (In spite of your opinion) the standard. It is nothing more, or less, than your opinion. Not sure why you can't understand that.

 

[alebrewer]

?? wrt Alebrewer - (I agree with Dublin Ohio's last post

Alebrewer, you make everything personal, an accusation ?. The definitions are what they are. /nothing personal about it.

You are under the impression that if you believe something it must be correct, and if someone disagrees with you, they are wrong. That is so arrogant, it is insulting. I believe that I am correct, but if someone disagrees with me - that is their prerogative. I am not the appraisal police. You, otoh, believe that you are. It's nauseating.

 

[J Grant]

You are a shining example of appraisal police. Your opinion is not (In spite of your opinion) the standard. It is nothing more, or less, than your opinion. Not sure why you can't understand that.

It is not a case of my opinion -the definition of excess land is what it is,

 

[J Grant]

You are under the impression that if you believe something it must be correct, and if someone disagrees with you, they are wrong. That is so arrogant, it is insulting. I believe that I am correct, but if someone disagrees with me - that is their prerogative. I am not the appraisal police. You, otoh, believe that you are. It's nauseating.

it is not a case of my believing it and that makes it correct. The definition of excess land is what it is, and you choose to do it another way per what the market is doing - Do whatever you want! -

 

[Terrel L. Shields]

Can't be excess when there are improvements - period. It is surplus to the property.