Only heat source is wood

[Randy Pippin]

4150.2
(3-6)
14. Heating
Heating must be adequate for healthful and comfortable living conditions

Dwellings that use Wood-Burning stoves or solar systems as a primary heat source must have permanently installed conventional heating systems that can maintain a temperature of at least 50 degrees F. in areas containing plumbing systems. These systems must be installed in accordance with the manufactures recomendations.

Almost forgot, that information is on page 41 of the PDF of the FHA 4150.2 handbook. (1999)



These are FHA guidelines but I don't think you can get in trouble using them

 

[Ray Miller]

4150.2
(3-6)
14. Heating
Heating must be adequate for healthful and comfortable living conditions

Dwellings that use Wood-Burning stoves or solar systems as a primary heat source must have permanently installed conventional heating systems that can maintain a temperature of at least 50 degrees F. in areas containing plumbing systems. These systems must be installed in accordance with the manufactures recomendations.

Almost forgot, that information is on page 41 of the PDF of the FHA 4150.2 handbook. (1999)



These are FHA guidelines but I don't think you can get in trouble using them

Is it possible that FHA needs to up date handbook?

I am not talking "Wood Burning Stove" I am talking Wood Fired heating systems, just as I could be talking about a "Coal Fired" or Coak Fired" heating system.

You have the same risk of running out of fuel with an LP system or oil system as you would with a wood, coal or coak system.

With an LP, Oil Natural Gas system you need electric to run with a wood fired system you don't need electric to run if it is a wood fired furance in the basement. Poor weather you can still heat if the power goes out.

 

[Rufus]

<snip> ... You have the same risk of running out of fuel with an LP system or oil system as you would with a wood, coal or coak system. ...<snip>

Really? Run out on a daily basis? I would think most people fill their 500 gallon propane tank when the time comes.

 

[Otis Key]

4150.2
(3-6)
14. Heating
Heating must be adequate for healthful and comfortable living conditions

Dwellings that use Wood-Burning stoves or solar systems as a primary heat source must have permanently installed conventional heating systems that can maintain a temperature of at least 50 degrees F. in areas containing plumbing systems. These systems must be installed in accordance with the manufactures recomendations.

Almost forgot, that information is on page 41 of the PDF of the FHA 4150.2 handbook. (1999)



These are FHA guidelines but I don't think you can get in trouble using them

Nice, but this doesn't have a thing to do with FHA - go back to the OP

 

[PropertyEconomics]

Blah, blah, blah. Who cares? Who's going to get excited enough to sue my E&O or open a state investigation over a reasonable adjustment for an obviously less than favorable property condition?

So much for market measurement. And here I thought that was our job. After 25 years I learned something today I didnt know.

 

[Ray Miller]

Really? Run out on a daily basis? I would think most people fill their 500 gallon propane tank when the time comes.

If wood fired and system is in the basement they would not be running out side. Most have a wood bin, same as a coal or coke bin in the basements.

I think a lot of people equate wood burning to a fire place or Franklin Stove and think that they are a problem and a mess to use for heat. When I think in fact if you home is set up for wood fuel there really is no problem, it’s part of the way of life living in a rural area.

Just like getting up at 4 a.m. to feed the cattle and horses, water them, break ice in the winter, haying in the afternoon, checking the fences. It is a way of life and normal for that area. It all falls into GC for the area you are appraising in.


Again it is what is typical for the area. In the area I live and work in it is becoming the norm or is the norm now for wood fired systems. All you have to do is look around you at the farm stores, hardware stores, specialty heat stores in any rural county. Some towns have more then one dealer and service business. Note the number of new wood and pellet type heating systems that they have for new housing and retro fitting for sale. Open the local phone book and note the number of people that sell and provide service for them.

If the facts are showing this and proper research is done for the area, why would you note it is not and make a negative adjustment for it?

I have had two reviews in the past year that discounted the wood heating systems. I put supporting information in my review showing that the report was incorrect that there was no discount called for wood heating systems. That the numbers support the fact it is common now.

If you don't do the research, don't understand the area and you are making assumptions just because you feel there is a problem then I think you have GC problem for the area.

 

[Vermonter]

Ray, some folks don't work much outside the PUDs.

Wood only is common here as well and not hard to find comps. Some of the homesteaders/greenies are actually removing the conventional furnaces and installing new wood boilers.

It's all about your market.

 

[Rufus]

If wood fired and system is in the basement they would not be running out side. Most have a wood bin, same as a coal or coke bin in the basements.

Granted they have a bin, and correct me if I don't understand the procedure, but don't they have to stoke the thing once or more each day? My point is that propane can be used unattended for a few months.

If you don't do the research, don't understand the area and you are making assumptions just because you feel there is a problem then I think you have GC problem for the area.

Certainly it is about what is typical in your given market. In mine, it is not common.

 

[CANative]

Hey PE... Sorry. I meant no disrespect to you. I was just being flippant. You have to keep in mind that my market has so little conformity and so few sales of reasonably similar properties within reasonable periods of time that simple cost to cure type functional issues are almost invisible and there is no direct method of measuring. There are more important things to worry about.

But I can see your point if this issue came up in a metropolitan area with neighborhoods of conforming tract style residences. A wood fired furnace would be very unusual and probably unacceptable to the market. In some areas (south of my area and north of the greater North Bay region) wood heat sources are being phased out due to air quality standards.

 

[PropertyEconomics]

Hey PE... Sorry. I meant no disrespect to you. I was just being flippant. You have to keep in mind that my market has so little conformity and so few sales of reasonably similar properties within reasonable periods of time that simple cost to cure type functional issues are almost invisible and there is no direct method of measuring. There are more important things to worry about.

But I can see your point if this issue came up in a metropolitan area with neighborhoods of conforming tract style residences. A wood fired furnace would be very unusual and probably unacceptable to the market. In some areas (south of my area and north of the greater North Bay region) wood heat sources are being phased out due to air quality standards.

No disrespect taken ... .
And thank you to all that have served our country on this Memorial Day.