UAD 3.6 Thought

[Tom4value]

For those of you old appraisal fossils like me, you may remember back in the 90’s that there was an addition to the 1004 that had a check box for a “fence”. We all accepted it until enough of us asked the question of why it was there. Literally no appraiser, at least no one I knew, considered a fence having any affect, positive or negative, on market value or marketability of a property. Turned out that a person in the group in charge making changes to the form had an appraisal done on their house and the appraiser failed to mention the fence. That is why it was in….to make appraisers note a fence!

This caught my recollection when I learned that the new form…sorry….”report” will have us measure ceiling height as well as the height of the front door. Both are MANDATORY, so it is obviously a big deal. Why? Neither has an affect on market value. Ceiling height comes into play for ANSI measurements of a floor but ceiling style? Door frame height?

My guess is one of the “powers that be” for UAD3.6 was a 7 foot former basketball player.

 

[glenn walker]

In States like California, Arizona and Nevada it's rare to find a property without perimeter fencing and gates and expected. Block Walls can easily cost $20,000 or double that on large lots so out here it does matter. But in many States homes don't have fences between or around them.

The fence box was for National markets not just your area and just like basements in SO CA are rare we almost never see a basement. So when looking at forms many things don't apply in your area but they do in other State's.

 

[swandel1]

I am in AZ. Mr. Walker is correct on fence, aka "privacy walls" in suburban and urban areas. Also, in rural areas to keep both your livestock in and your neighbor's livestock out. Regarding ceiling and door heights here in AZ, they are a function of quality. Standard ceiling heights are 8', 9', 10', 12, 16'; and combinations thereof. Exterior door heights 6'8", 8', & 10'.

 

[NC Appraising]

In my market, window screens add $5k.

A home without screens affects the marketability.

Ps fencing....rural properties or equestrian properties. Fences $$$