MostlyLurk
Freshman Member
- Joined
- May 10, 2005
- Professional Status
- General Public
- State
- Oregon
[One of two things is going on here: I'm failing to see the forest for the trees and the answer is staring me in the face, or this really is the first time I've ever run across anything like this. If this question has been answered already, I must have just stuctured the search query wrong.]
I inspected a vacant property which, while clearly originally a single family residence, had last been used as a duplex, with no connection remaining between the two halves of the house. IN discussing this with the client, they requested that I develop it subject to repairs/alterations: conversion back to a single family residence.
All of this is fine. The thing that's confusing me is: Because it's a subject-to appraisal developed under the hypothetical condition that it's no longer being used as a duplex, does this mean that I report Legality, H&BU, etc. as though it were a SFR? In other words, although (via the city) I know that currently the property is an illegal use, I still check "Legal" and "Yes H&BU"? Or does the fact that I'm setting up a hypothetical condition that everything's perfectly normal not alter the "as is" portion of Highest and Best Use/Zoning?
I guess I just think of HCs as an imaginary world I'm creating, in which case the obvious answer is to do zoning and H&BU in that world. But the "as improved" part of the H&BU section is tripping me up.
Sorry if that was rambling; I'm starting to get a little punchy and just want to get past this.
I inspected a vacant property which, while clearly originally a single family residence, had last been used as a duplex, with no connection remaining between the two halves of the house. IN discussing this with the client, they requested that I develop it subject to repairs/alterations: conversion back to a single family residence.
All of this is fine. The thing that's confusing me is: Because it's a subject-to appraisal developed under the hypothetical condition that it's no longer being used as a duplex, does this mean that I report Legality, H&BU, etc. as though it were a SFR? In other words, although (via the city) I know that currently the property is an illegal use, I still check "Legal" and "Yes H&BU"? Or does the fact that I'm setting up a hypothetical condition that everything's perfectly normal not alter the "as is" portion of Highest and Best Use/Zoning?
I guess I just think of HCs as an imaginary world I'm creating, in which case the obvious answer is to do zoning and H&BU in that world. But the "as improved" part of the H&BU section is tripping me up.
Sorry if that was rambling; I'm starting to get a little punchy and just want to get past this.
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