Homogeneous banned from the appraisal lexicon

[DTB]

The hand wringing by appraisers and their clients over a legit descriptive word such as homogeneous is a hoot. Particularly when a person who is hired only to speak for the White House does this kind of thing.

 

[ucbruin]

I am glad you have a spell checker - now you can spell it correctly at least

Who would admit they were from Cleveland?

I am a poor speller....
So I just copied the spelling by the OP forumite & the other forumite I quoted....

 

[Zoe]

When I get a homogeneous subject, I feel like Christmas came. They are few and far between in the market I work. Digger works a very homogeneous area. He admitted it one time.

I have done multi family in several states. I have seen homogeneous city on single family residential.

In TN, Memphis is most heterogeneous. Nashville is most homogeneous. Knoxville is somewhere in between.

TN, compared to many states is very heterogeneous in development. That goes back to planning and development and low density population in many areas.

No code or planning and development in many rural areas in TN.

 

[alebrewer]

So there's this real thing called the Principle of Conformity, which states that: "maximan value is realized when a reasonable degree of architectural homogeneity exists and land uses are compatible." As I see it, use of the term 'homogenous' merely suggests that the principle of conformity is at play in a particular neighborhood. And if these two constructs are - shall we say, homogenous - would it not be just as applicable to state that 'the principle of conformity is being practiced in this neighborhood'? Assuming it is even relevant to the analysis.

 

[DTB]

So there's this real thing called the Principle of Conformity, which states that: "maximan value is realized when a reasonable degree of architectural homogeneity exists and land uses are compatible." As I see it, use of the term 'homogenous' merely suggests that the principle of conformity is at play in a particular neighborhood. And if these two constructs are - shall we say, homogenous - would it not be just as applicable to state that 'the principle of conformity is being practiced in this neighborhood'? Assuming it is even relevant to the analysis.

Conformity will likely raise a few woke hackles sooner or later.

Gary Lee Weinrib:
Subdivisions
In the high school halls
In the shopping malls
Conform or be cast out

 

[J Grant]

So there's this real thing called the Principle of Conformity, which states that: "maximan value is realized when a reasonable degree of architectural homogeneity exists and land uses are compatible." As I see it, use of the term 'homogenous' merely suggests that the principle of conformity is at play in a particular neighborhood. And if these two constructs are - shall we say, homogenous - would it not be just as applicable to state that 'the principle of conformity is being practiced in this neighborhood'? Assuming it is even relevant to the analysis.

IDK, the OP only references Solidi as "banning" the word - which is not the same as FHA or Fannie or fair housing sending out notices wrt language they do not want used

I personally never liked homogenous as it is not how typical buyers, sellers or RE agents describe or evaluate properties. A buyer who purchases a "cookie cutter" type house is aware of it and that gets baked into the appeal and prices.

The problem as i see it is when words used to describe properties are also used out there to describe people / communities of people - desirable neighborhood ( in the hood), or perhaps homogenous. It is so easy to avoid using the short list of words that get provided to us from reliable sources to avoid them in appraisals. People whining about it and using it as a springboard to launch (once again) their stale anti work rants is not a good look for the profession .

 

[J Grant]

Conformity will likely raise a few woke hackles sooner or later.

Gary Lee Weinrib:
Subdivisions
In the high school halls
In the shopping malls
Conform or be cast out

yeah here you go, see my above post.

 

[alebrewer]

Conformity will likely raise a few woke hackles sooner or later.

Gary Lee Weinrib:
Subdivisions
In the high school halls
In the shopping malls
Conform or be cast out

Love me some Geddy Lee.

WRT your prediction - I wouldn't be surprised.

 

[alebrewer]

The problem as i see it is when words used to describe properties are also used out there to describe people / communities of people - desirable neighborhood ( in the hood), or perhaps homogenous. It is so easy to avoid using the short list of words that get provided to us from reliable sources to avoid them in appraisals. People whining about it and using it as a springboard to launch (once again) their stale anti work rants is not a good look for the profession .

The principle of conformity is not addressed to individual properties, but rather to neighborhoods. I've never heard someone say a property is homogenous. OTOH - I've frequently seen reports state that 'neighborhoods' were homogenous... but the truth is that there really is no adequate synonym for 'homogenous', as it is very closely tied to the principle of conformity - unlike words like 'similar' or 'comparable'. They just don't carry the same connotation.

 

[Tiffany Gibbons]

When you thought it could not get any more ridiculous, the word Nazis strike again. According to Solidifi, the term homogeneous cannot be used in appraisal reports. Maybe we should do away with the entire English language while we’re at it. Instead of worrying about this garbage, Soliidfi should be concerned about the crap appraisal their form-fillers are producing.

View attachment 72543

Cookie cutter neighborhood, it is then. Hope the Cookie Monster doesn't get offended.