"Minimum Requirements" ?

[Fernando]

Maybe a dumb question, but do builders build apartments specifically to include affordable units? What, based on GLA, etc, etc.? Couldn't be quality of construction, is it???

Each city is different. My town require certain number of affordable units in the new development. Builders have to consider the cost in subsidizing the cheaper units.
My town has parking restrictions and appears to have waived it for the builder because "affordable" tenants would be expected to take the bus than owning a car.
I see less street parking for that immediate area. Not good.

 

[ZZGAMAZZ]

Each city is different. My town require certain number of affordable units in the new development. Builders have to consider the cost in subsidizing the cheaper units.
My town has parking restrictions and appears to have waived it for the builder because "affordable" tenants would be expected to take the bus than owning a car.
I see less street parking for that immediate area. Not good.

Greater reliance on public transportion? If so I betcha Gov Newsom owns a share in the bus company !!!!

 

[gregb]

First of all, why the hell you allowed your brother to send a sample with an unpermitted work. I send the easiest simple cookie cutter reports with no questions ask.

Not all of us are capable of meeting Fernando's high appraisal standards, or hiding those work samples which demonstrate otherwise.

 

[Sadie]

Several years ago when I did my last appraisal in Pasadena, I learned that the city requires permits for all improvements prior to any sale or lease, with any non-permitted areas either permitted or demoolished prior to the transaction being completed. Redlands is similar. Maybe why the aesthetics of the real property in those two jurisdictions is appealing????

From the horses mouth so to speak: "If the appraiser identifies an addition(s) that does not have the required permit, the appraiser must comment on the quality and appearance of the work and its impact, if any, on the market value of the subject property." and
Zoning for an ADU

If it is determined that the property contains an ADU that is not allowed under zoning (where an ADU is not allowed under any circumstance), the property is eligible under the following additional conditions:

• The lender confirms that the existence will not jeopardize any future property insurance claim that might need to be filed for the property.
• The illegal use conforms to the subject neighborhood and to the market.
• The property is appraised based upon its current use.
• The appraisal report states that the improvements represent a use that does not comply with zoning (“illegal” use).
• The appraisal report demonstrates that the improvements are typical for the market through an analysis of at least two comparable sales with the same non-compliant zoning use. Aged settled sale(s) with the same non-compliant zoning use are acceptable if recent sales are not available. At a minimum, the appraisal report must include a total of three settled sales.

 

[Fernando]

Greater reliance on public transportion? If so I betcha Gov Newsom owns a share in the bus company !!!!

Builders and union workers benefit
Union workers love these construction work providing high paying wages.
Apartment residential unlike commercial doesn't generate tax revenues to meet the costs to the city in providing additional fire, police, and such services.

 

[Fernando]

Not all of us are capable of meeting Fernando's high appraisal standards, or hiding those work samples which demonstrate otherwise.

You just have to look for the cookie cutter samples. You didn't look hard enough. Avoid appraisals with too many and large adjustments in sales comparison grid.

 

[glenn walker]

Lots of lawsuits over appraisers and ADUs in California coming. Too many appraisers making assumptions without any facts. Very dangerous game playing permit and use police without something in writing from City or County building inspectors findings.