Atlanta CG
Senior Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- Georgia
Lenders, AMC's, Borrowers simply do not realize the problems we face. Yesterday my appointment was at 3 pm-owner's only time but reasonable. The property was 14 miles away. I live close to the highway entrance, the subject house is close to the highway. Normally a 25 minute drive max. It was raining, dark and as always the traffic unbearable. 2 1/4 hours later I arrived, finished the house, drove by the comps, went home after a 6 hour total appraisal and it has not even touched the computer yet.
Recently did a Ranch with an 18' addition. The neighborhood is full of standard Ranches with no additions. Had to go 3 miles just to find one reasonably similar just to bracket the size. That was an additional hour trying to find one and going there to take the photo.
Another home, 2 story on a crawl space, CA 2005, 3500 sq. ft., 4 car garage with a 648 sq. ft. office above the garage, acre of land, pool, and close to the city downtown area. Even within 4 miles and 12 months there were no comps. Took well over 2-3 hours to find anything that was reasonably similar, worked long hours to prove the many necessary adjustments, just to meet the client's requirements. Sometimes you just do not know what the property is actually like until out there and committed to it.
Last one, standard 2 story in a very large close-by neighborhood, full of 8-9 room homes on basements with a tight value range. MLS photo shows it to be typical. Get out there and discover it is set so high up that falling down the steep driveway would test the 100 yard dash record. And, it was on a crawl.
So few comparable sales, takes much longer, puts off other assignments and gets everyone mad. Wish I were a heavy drinker-I would have an outlet.
Frustrated.
Recently did a Ranch with an 18' addition. The neighborhood is full of standard Ranches with no additions. Had to go 3 miles just to find one reasonably similar just to bracket the size. That was an additional hour trying to find one and going there to take the photo.
Another home, 2 story on a crawl space, CA 2005, 3500 sq. ft., 4 car garage with a 648 sq. ft. office above the garage, acre of land, pool, and close to the city downtown area. Even within 4 miles and 12 months there were no comps. Took well over 2-3 hours to find anything that was reasonably similar, worked long hours to prove the many necessary adjustments, just to meet the client's requirements. Sometimes you just do not know what the property is actually like until out there and committed to it.
Last one, standard 2 story in a very large close-by neighborhood, full of 8-9 room homes on basements with a tight value range. MLS photo shows it to be typical. Get out there and discover it is set so high up that falling down the steep driveway would test the 100 yard dash record. And, it was on a crawl.
So few comparable sales, takes much longer, puts off other assignments and gets everyone mad. Wish I were a heavy drinker-I would have an outlet.
Frustrated.
