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?
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?