I still hate ANSI

[Fernando]

So where is the main entry, lower level or upper level

Upper level

 

[Dublin ohio]

Upper level

So around here we call that a raised ranch. WTF is so difficult about that, especially since you say they are common in the area. SMH

 

[Fernando]

So around here we call that a raised ranch. WTF is so difficult about that, especially since you say they are common in the area. SMH

Hey buddy, over here we have such and are called elevated ranchers. Same issue in that the main floor was originally built and lower levels were modified by owner to different size and appeal.
Thus lower level should be analyzed separately. That's according to the World of Fernando.

 

[Surf Cat]

Dear moderator, close this thread before our skulls crack open from beating them on our desks.

 

[Fernando]

One data source I use breaks down main level to lower level. That's how it was considered before ANSI.

 

[Dublin ohio]

One data source I use breaks down main level to lower level. That's how it was considered before ANSI.

No matter the data source. It is what it is. If you can't analyze the difference between the upper and lower level without changing the meaning of GLA. That is a Fernando problem, not a data or ANSI problem

 

[Fernando]

No matter the data source. It is what it is. If you can't analyze the difference between the upper and lower level without changing the meaning of GLA. That is a Fernando problem, not a data or ANSI problem

My point is ANSI looks at the upper and lower level as one total gross area. It was easier in the past to break the two levels to analyze and give different adjustments.

 

[Zoe]

My point is ANSI looks at the upper and lower level as one total gross area. It was easier in the past to break the two levels to analyze and give different adjustments.

Okay with both levels above grade on a 2 story house. You used to break ground level from 2nd story on a 1004? I don't know any appraiser that did that.

 

[Fernando]

Okay with both levels above grade on a 2 story house. You used to break ground level from 2nd story on a 1004? I don't know any appraiser that did that.

For an elevated rancher, when there wasn't a bonus room in original construction in these tract homes, how do you determine total gross area when you have to consider the reliability of the total gross area of the comps. The main level is clearly known but the size and quality of the bonus area can be difficult to verify. I have to rely on agent's statements on how large the downstairs rooms are and its appeal. In the past some of these unpermitted bonus rooms were in violation and had to be removed.

 

[Steelers74]

ANSI is just another way fannie over complicates things. Its great that no one else uses ANSI, County Auditor doesn't use it, Realtors don't use it, buyers don't use it, sellers don't use it. Then you get a condo and all the units are exactly the same size with the same GLA with the Auditor and MLS, but since its fannie and ANSI, the subject comes in 15 sq ft smaller now you have to deal with explaining to the lender to their satisfaction why there are no sales to bracket the GLA... oh as well as how it doesn't affect its marketability.