How do I explain this

[Webbed Feet]

I was so confused by the various responses I had to go back and re-read the original question.

Joker is not asking that this space be necessarily included as GLA. I read it that he stated that this "lower level" should reported as either GLA or basement space, but not as some kind of separate amenity (such as done in the example - the way an auxiliary building or some other unusual amenity might be included in a grid analysis). I agree - it's either GLA or basement. Joker, at the very least, someone should tell this appraiser to very specifically define what he/she means by "lower level" in his report.

I kept reading waiting for someone to bring up what the O.P. posted, instead of what several kept posting about. Thank you J.H.H.

To our new Joker....... Ok, so this appraiser has an odd idea of where to place that lower level on the SCA grid... so what? .. I don't care for it much either... But that is not the issue I would be focusing on at all. My one sweeping question would be ... "Are there ANY market derived adjustments used on that entire grid?"

I rapidly get issues when an appraiser actually thinks other appraisers will accept there is a market where a detached two car garage (regarding a market of 1,100 to 1,500 sqft houses that has to be desperate for storage) = one fire place = storm windows = Central AC and a half bath is 50% of those comparing 1.5 bath houses to 1.0 bath houses... ... Yep Sirrie! That is just how I've found market extracted adjustments to look like.....

Not!

But it could be a funny market.

P.S. I vote with Mr. Klos this time.... my novice / crappy appraisal meter is clicking and it's light is flashing.

 

[JoshDavis]

I can't believe nobody asked him what his supervisor/mentor thought, or did I miss it?

I've brought this up to other appraiser's and they all though this was an unusual way of reporting that lower level.

I'm still not clear on how they addressed the subject's Foundation on Page 1 of URAR.

You said, "No basement is reported on page 1" Which box did he check? I'm assuming "Partial" or "Crawl Space."
How did the describe the basement in the improvements section? Does the Box/description match with the grid?




Carnivore---That's a matter of Preference. In many markets in MN, a 1-Story with a walkout basement will fetch a greater price than the 2 story (Where GLA are equal). And some where the 2 story will have greater appeal.
That said, many owners of the Walkout 1-story properties will tell me they own a "2 story, from the back" LOL.

I believe it was reported as crawl and slab

I kept reading waiting for someone to bring up what the O.P. posted, instead of what several kept posting about. Thank you J.H.H.

To our new Joker....... Ok, so this appraiser has an odd idea of where to place that lower level on the SCA grid... so what? .. I don't care for it much either... But that is not the issue I would be focusing on at all. My one sweeping question would be ... "Are there ANY market derived adjustments used on that entire grid?"

I rapidly get issues when an appraiser actually thinks other appraisers will accept there is a market where a detached two car garage (regarding a market of 1,100 to 1,500 sqft houses that has to be desperate for storage) = one fire place = storm windows = Central AC and a half bath is 50% of those comparing 1.5 bath houses to 1.0 bath houses... ... Yep Sirrie! That is just how I've found market extracted adjustments to look like.....

Not!

But it could be a funny market.

P.S. I vote with Mr. Klos this time.... my novice / crappy appraisal meter is clicking and it's light is flashing.

Don't get me started on their adjustments, that is a whole other topic entirely.

The point of the original post was to ask bring up the fact that an appraiser was reporting the GLA of a certain type of property inconsistent with their peers and what the market recognizes.