Geodome Type Home

[Terrel L. Shields]

I am reaching out to see if anyone has done an appraisal on a geodome type home? What other style of homes were considered for comps if there no other similar type of homes available.

My experience is that underwriters will demand additional comps, period. They want one "dome" home at a minimum. Plan on it. AND get a big fee. You will spend more than one day on it...or rewrite it 12 times to please the UWs. If subject to quality checks, I'd simply turn it down because you will get LOW marks regardless how good a job you do. The last one we did was 20 years ago and two of us drove 35 miles to find one single comp which was perfectly worthless being a lakeside property v. our subject being rural in character.

 

[Tim The Enchanter]

The last one we did was 20 years ago and two of us drove 35 miles to find one single comp which was perfectly worthless being a lakeside property v. our subject being rural in character.

But I guess it was a similar style, so it shows they are not unmarketable, at least. I guess.
I go with weird is weird. Use weird comps, and be sure to call them atypical, nor weird.

 

[Terrel L. Shields]

The one we appraised was abandoned within years and finally burned. Good riddance. Underground homes and A frames suck puttyballs too.

 

[George Hatch]

In my experience the market tends to look at the various styles of construction on the lower end of the pricing spectrum in terms of utility more than architectural style.

 

[jay trotta]

Turned down an Octagon house about 3 years back, late 1800's due to limited comps. and the AMC Fee ($325 the Big Spender wanted to Offer) Sold Price was around $600k +/- if memory serves. My counter was in the $1200-$1500 range based on the burger flipper review artists they had.

If you are dealing directly, that's one thing; dealing with an AMC - not a chance in France….