Processor1
Freshman Member
- Joined
- Jan 22, 2008
- Professional Status
- Banking/Mortgage Industry
- State
- Minnesota
Hello Appraisers!
Question on how property type is determined... The review appraiser spurring my curiosity came up with 'Rambler' for property type and comps. Subject is slab on grade construction, which is unusual for our area, MN. 2 sides of the property are built into a hill. Main entrance on 1st floor is into foyer with open flight of stairs to 2nd floor. 3 bedrooms incl master, 2 baths, kitchen, living room, and great room overlooking pool complete 2nd floor. 1st floor contains guest room, 1/2 bath, living room, office, laundry and utilities. Guest room and living room have floor to ceiling windows. There are 2 heaters to heat the 4,500 SQF property which is common with this construction. Am I crazy for thinking this property is not a rambler? Is quality of design a factor or is it irrelevant? Much appreciation to anyone who can shed some light on this.
I'm clueless!:new_newbie:
Question on how property type is determined... The review appraiser spurring my curiosity came up with 'Rambler' for property type and comps. Subject is slab on grade construction, which is unusual for our area, MN. 2 sides of the property are built into a hill. Main entrance on 1st floor is into foyer with open flight of stairs to 2nd floor. 3 bedrooms incl master, 2 baths, kitchen, living room, and great room overlooking pool complete 2nd floor. 1st floor contains guest room, 1/2 bath, living room, office, laundry and utilities. Guest room and living room have floor to ceiling windows. There are 2 heaters to heat the 4,500 SQF property which is common with this construction. Am I crazy for thinking this property is not a rambler? Is quality of design a factor or is it irrelevant? Much appreciation to anyone who can shed some light on this.
I'm clueless!:new_newbie: