David S. Roberson
Senior Member
- Joined
- Jan 16, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Tennessee
Sounds like you got a crappy lot that just costs more to build the same house as everyone else.
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New construction w/ large crawl space added $12k to purchase price
- Thread starter seeker20
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Lee Lansford
Elite Member
- Joined
- Mar 29, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Illinois
But who would pay more just because it is more costly do construct in a particular site? No one that I know. Just sayin'.
GWISC
Member
- Joined
- Dec 3, 2014
- Professional Status
- Certified Residential Appraiser
- State
- Wisconsin
We don't appraiser the process of construction. We appraise ownership rights of the end product.
Sounds as though the slope has caused an engineering challenge for building on the site which is resolved with a crawlspace, possibly for the way the footings are anchored to give the foundation a proper bed.
I agree with several of the other posters. A sloped site is the issue. You may have less usable land and utility, but is offset by a view. Hopefully, the land was purchased or allocated with a lower price in anticipation of the building challenges.
In the end, it is the utility of the property. Are there other properties with similar views, but did not require additional building costs caused by challenges in topography? If there are, what did they sell for? What would your house have to offer that another house with similar utility offers with the only difference being a crawlspace?
I guess the crawlspace, if it has a concrete floor, could be utilized for additional storage. You would need a mechanics back-roller (known as a creeper) to move around under the house. I knew of a house that had only a crawlspace with a concrete floor. Their kids would play crawlspace-hockey on their backs and crab crawl around the space on their mechanics creepers. They also used them to move boxes for storage under the house. It was quite ingenious and I borrowed a creeper myself to inspect the crawlspace. Mostly cause I just wanted to zip around on my back in the crawlspace. It was kind fun. Sorry, I digressed a bit. If had a bit too many snacks and am all sugared up.
Sounds as though the slope has caused an engineering challenge for building on the site which is resolved with a crawlspace, possibly for the way the footings are anchored to give the foundation a proper bed.
I agree with several of the other posters. A sloped site is the issue. You may have less usable land and utility, but is offset by a view. Hopefully, the land was purchased or allocated with a lower price in anticipation of the building challenges.
In the end, it is the utility of the property. Are there other properties with similar views, but did not require additional building costs caused by challenges in topography? If there are, what did they sell for? What would your house have to offer that another house with similar utility offers with the only difference being a crawlspace?
I guess the crawlspace, if it has a concrete floor, could be utilized for additional storage. You would need a mechanics back-roller (known as a creeper) to move around under the house. I knew of a house that had only a crawlspace with a concrete floor. Their kids would play crawlspace-hockey on their backs and crab crawl around the space on their mechanics creepers. They also used them to move boxes for storage under the house. It was quite ingenious and I borrowed a creeper myself to inspect the crawlspace. Mostly cause I just wanted to zip around on my back in the crawlspace. It was kind fun. Sorry, I digressed a bit. If had a bit too many snacks and am all sugared up.
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