From Another Thread: **I always state in every report the Method Used and it IS : ANSI STANDARDS
(Quote: How hard is it to measure a dog box with a tape or a laser? I saw an appraiser standing out on the sidewalk with a measuring wheel sighting in a front 60 foot wall of a residence, where the appraiser was more than 25 feet from the house. Oh, well, no wet grass on those gucci's or ferragamos. I thought, yeah, get a little closer so you don't strain your eyes.)
"Around Here" Tax Man uses the wheel through ruts & sticks & a laser with a loose hand. (saw it with my own eyes, laser hitting the bushes, who knows)
Did you know it wasn't the tax man?
A Tape will not last as long as the metal hook on the end ...duuuu....because plastic tape expands over time. Just saying.
I remember well this short story: My Second Appraisal Office career... with Built In Well Seasoned Appraisers : He was about 15 years older than me. At first I looked up to him even though he wasn't tall. Little by little he became small, never looked up again. He was really a funny guy & would befriend most anybody. A GOOD ol' Boy!
In a CE class one day he stood up to say: I round to the foot, always have always will & thats that and to adjust for square footage don't you divide the most similar sized sale SQ FT /SP # by 3? Come on, we know everyone does that, right?
Few months went by, it was a sale & the owners and their agent used the sketch found in the "professional" appraisal to market the property. Over by Southpark, Foxcroft, a large hO'mmme. House sold & closed, few months went by & the past owners attorney call our office & then showed up for a meeting & to look at a file. Seems every time he rounded to the nearest whatever ... he left seller's money on the table, so to speak.
So those that do, DO you round UP or Down? E&O called it a gross error. He settled, nearly lost the home he & his wife bought when they married. That previous year, his wife had passed on and he was the only one left to care after their young daughter. Nearly, homeless. As far as I know, he was never "turned in" to the AB.
Whatever just takes a few more minutes to get it as right as you can, may be worth it.
But then I grew up where my gran would say "if it ain't right...it's wrong" and my mom liked it so much I grew up with her saying it too.
Through the stress of hearing it constantly ...Light a candle for me or flip your bic' ...I must admit I AM A-N-A-L !!! Yes...yes I am. So, moral is: FOR ME right may not be accurate but it is RIGHT enough to call it "professional" because I have been brain-washed! Surely to say, I even enjoy the pain OF the extra effort.
STATE what method you use and ANSI Standard is as better-best as any other. CE: there is an online class you may find helpful through Appraiser eLearning