J Grant
Elite Member
- Joined
- Dec 9, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Why does a second kitchen, esp if permitted, present functional obs? It is a buyer preference for use within their own home, much like building a wet bar or built in media center etc....easily removed items like this, imo, don't need adjustments, nor cost to cure. Some future buyers might want them, others may not. If they are not expensive to remove , Then they would not present a deal breaker to a future buyer.
Imo, it does not need an adjustment, pos or negative. Just mention that it is permited, that it is there for personal use/enjoyment of owner, and that no comps were avail with 2nd kitchens, and you have no market based sales/listings to base whether or not market is returning value. Mention that sales in area have individual features, some have wet bars, some have built ins, etc, and that these kinds of personalized amenities in the houses are typical for enjoyment/use of owners, but not seen as showing a $ for $ value.
If it is permited, you don't need to provide a cost to cure. What would be the point? (unless said kitchen is blocking flooprlan flow /access to rooms )
Just because something is non conforming does not mean it is funct obs. Funct obs means it negatively impacts use /light/air /room egress etc...if the kitchen does none of those things, then why does it present functional obs?
Imo, it does not need an adjustment, pos or negative. Just mention that it is permited, that it is there for personal use/enjoyment of owner, and that no comps were avail with 2nd kitchens, and you have no market based sales/listings to base whether or not market is returning value. Mention that sales in area have individual features, some have wet bars, some have built ins, etc, and that these kinds of personalized amenities in the houses are typical for enjoyment/use of owners, but not seen as showing a $ for $ value.
If it is permited, you don't need to provide a cost to cure. What would be the point? (unless said kitchen is blocking flooprlan flow /access to rooms )
Just because something is non conforming does not mean it is funct obs. Funct obs means it negatively impacts use /light/air /room egress etc...if the kitchen does none of those things, then why does it present functional obs?