- Mar 29, 2002
- Professional Status
- Certified Residential Appraiser
it seems to me we just discussed this recently but i can't find the thread. working on a VA purchase in a Rural area on 1 acre lots. But the current owner had also bought the adjoining lot a few years before he bought the lot with the house. So now he is selling the house and it's lot and the completely unrelated vacant lot next door. The contract says it includes both parcel numbers.
i'm thinking the sale will require two appraisals - one for each separate parcel. but i don't know how VA will feel about that. Any thoughts from the experts out there??
I have not read each and every post in this thread, but, that should be of no importance in responding to your question.
To answer your problem, to provide a single opinion of MV for the two in combination, you would have to have arrived at the market supported conclusion that the H&BU of the vacant parcel is for assemblage with the improved parcel.