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Spiral stair case down to finished basement. No other entry.

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Ray Miller

Elite Member
Joined
Feb 20, 2002
Professional Status
Licensed Appraiser
State
Wisconsin
Spiral stair case down to finished basement. No other entry.

I have a subject that has a small spiral stair case down to a finished basement. I can find no comparables in the past five years to establish a market reaction to the small spiral stair case.

Yet because of the smallness and difficulty to negotiate the stair case I have a gut feeling there would be a market reaction to it. There is not enough room to put in a standard stair case.

What say you on functional obsolesce for the stair case? If so how would you establish the value of the adjustment?
 
In the short time I've been around here...you sure get some doozies
 
Cost to cure...open up an area along the wall...just a thought
 
Ray,

Is it one of those Metal very tight spiral stairways?

When you say finished basement, What does that mean?

Is there an outside entrance to the basement?

If you did not have interior access to the basement, would that hurt the functional untility of the above grade living area? In other words lose your kitchen or bathroom or laundry room.
 
Andrew Picarsic said:
Ray,

Is it one of those Metal very tight spiral stairways?

Yes

When you say finished basement, What does that mean?

2 bedrooms, laundry room, family room, Mec room.

Is there an outside entrance to the basement?

No

If you did not have interior access to the basement, would that hurt the functional untility of the above grade living area? In other words lose your kitchen or bathroom or laundry room.

Yes, you would not have access to the laundry room or the additional 2 bedroom.


Wife was telling me that it started out as a basement home. Then the built the top part 12 years later.

There is no room on the upper level for a stair case, It would be much more cramped. 800 GLA the way it is now.

No outside access.
 
Ray I agree spirals are a diminution .....and in general terms a fair adjustment would be the cost (plus profit) to rectify with conventional stairs.
 
Ray, not sure what the cost to cure would be but I guarantee that there would be a hefty engineering charge to comply with code. To install a standard or larger spiral staircase there would have to be plans drawn up after and engineers inspection and 4 week drawing and specs details sheets, not to mention the cost of the beam.....Dang.

Come on Ray, you've had better ones. Is this the best you can do for a Friday morning? We've become used to seeing the better ones on Friday.:shrug: :rof: :rof:
 
man, are they ever going to be mad at you...

Question near the bottom of the 1004 3/05:

Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property?

No, Yes, if yes describe


This is like having decorater bars on the windows without quick release latches.

Think Fire, think Risk, think liability!!
 
There may be other issues involved, namely Fire Code. At least in my neck of the woods, if the basement was one big finished room, there would have to be at least one other entrace/exit in the basement for it to be legal.
 
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