- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
I had a lady from a local bank call and ask me to to a second appraisal on a 1.2 million dollar home. She said they always get two appraisals for these type properties. I asked her how she got my name. She said the first appraiser recommended me. The first appraiser happened to be an appraiser I trained about ten years ago. I knew it would be a difficult assignment, but I decided to accept the assignment. She had the other appraiser drop off the plans and list of detailed improvement costs. I opened the plans (blue line) tonight and there are no exterior dimensions anywhere. There are some interior dimensions (rounded for the main rooms) but no exterior wall dimensions. One page does have a legend for the total SF at 7,112. Folks, this is a new one for me. I have never seen plans without exterior dimensions. I have always re-drawn the plans on Apex to verify square footage. I believe I taught him to do so, but he has decided a lot of things I do are not required, so he doesn't do them any more. My first question is how can any appraiser do an appraisal without verifying the SF? Am I too anal? I always check my figures against the plans and check them on final inspection, too. My second question is why would a bank accept primitive plans on a million dollar home? Third, is this common for appraisals to be done without verifying the square footage? Let me here your opinions.