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Group home

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kwhaley

Freshman Member
Joined
Mar 20, 2007
Professional Status
Licensed Appraiser
State
Ohio
I have a property in a residential area that is being used as a group home with make shift bedrooms =7 and larger than most in area but wants to be appraised and is zoned residential?? any suggestions on this?:new_all_coholic:
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
From a fellow Whaley,

What you need to determine is the highest & best use. If it is SFR, then I would consider appraising it as a SFR and comment about the current use.
 

Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
From a fellow Whaley,

What you need to determine is the highest & best use. If it is SFR, then I would consider appraising it as a SFR and comment about the current use.

...................with possible adjustments for non standard modifications that have been made that affects its functionality.
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
...................with possible adjustments for non standard modifications that have been made that affects its functionality.

True, but then again, there may be no modifications.
 
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