UAD 3.6

[NC Appraising]

Utilities
Report
Field ID Report Label When to Include Allowable
Answers / Format Definition / Additional Guidance
4.067 Broadband
Internet
Available
Always required Yes | No • Yes (high-speed internet access is publicly available exclusively through a
digital subscriber line, fiber-optic, or cable)

• No (public high-speed internet access is unavailable or is only available
through private satellite)
4.068 Dwelling /
Improvement
Within Utility
Easement
Required for FHA,
USDA, and VA
appraisals when
Easement is Utility

Yes | No Indicates whether any part of an improvement is located within the boundary
of a utility easement. Reference the appropriate government agency appraisal
guidelines for more information.

Uniform Appraisal Dataset | Fannie Mae

The UAD and Forms Redesign initiative will leverage extensive stakeholder input to update the appraisal dataset, align it with the industry-standard MISMO® Reference Model Version 3.X, and overhaul the uniform appraisal forms to establish a more flexible, dynamic structure for appraisal reporting.

singlefamily.fanniemae.com

 

[NC Appraising]

Every property on the planet has access to high speed internet, it is called Starlink. That is exactly what will be stated in every report I do.

More than likely, you will be doing it wrong.

See above post and a link. Download the f1 file. Use the search function, type in broadband. From there, you will understand how to properly do it.

 

[Sadie]

Utilities
Report
Field ID Report Label When to Include Allowable
Answers / Format Definition / Additional Guidance
4.067 Broadband
Internet
Available
Always required Yes | No • Yes (high-speed internet access is publicly available exclusively through a
digital subscriber line, fiber-optic, or cable)

• No (public high-speed internet access is unavailable or is only available
through private satellite)
4.068 Dwelling /
Improvement
Within Utility
Easement
Required for FHA,
USDA, and VA
appraisals when
Easement is Utility

Yes | No Indicates whether any part of an improvement is located within the boundary
of a utility easement. Reference the appropriate government agency appraisal
guidelines for more information.

Uniform Appraisal Dataset | Fannie Mae

The UAD and Forms Redesign initiative will leverage extensive stakeholder input to update the appraisal dataset, align it with the industry-standard MISMO® Reference Model Version 3.X, and overhaul the uniform appraisal forms to establish a more flexible, dynamic structure for appraisal reporting.

singlefamily.fanniemae.com

I think the whole thing with the internet availability is odd since you can get it just about anywhere in the US and Canada and the places you can't get it are probably off the grid and they aren't getting loans or needing an appraisal.

 

[chad hampton]

It’s an outdated field before it even begins.

 

[NC Appraising]

I think the whole thing with the internet availability is odd since you can get it just about anywhere in the US and Canada and the places you can't get it are probably off the grid and they aren't getting loans or needing an appraisal.

Not saying you are wrong, but here is my view. Keep in mind I do not know why they are requiring it. I think I read somewhere as to why, but cannot remember.

In my area, rural to suburban, internet service is a hit or mis. Google and other firms are rapidly installing fiber optic. Others are typical broadband coaxial.

Many people now work from home and need high speed internet.

On ever listing, the agents states...fiber optic available!! So there must be a demand or a market appeal for high speed internet.

Does it affect the value? I haven't really studied it. Maybe when the supply and demand becomes more in equilibrium, we will have better data? One subdivision has coaxial the other has fiber optic, the other has no line internet connection.

If I was a buyer, I would only consider fiber optic or coaxial. I have two teens, a wife that works from home and I work from home. I need the fastest internet possible.

Now, in the future, will starlink or your cell phone provider will be able to produce faster internet? Maybe...

Starlink is currently 100-300 mbps. There goal in 2026 is 1 gbps.

Ps, keep in mind what, the uad started many years back.......+-2018? Tech is changing faster than we could have ever imagined.

 

[Sadie]

Not saying you are wrong, but here is my view. Keep in mind I do not know why they are requiring it. I think I read somewhere as to why, but cannot remember.

In my area, rural to suburban, internet service is a hit or mis. Google and other firms are rapidly installing fiber optic. Others are typical broadband coaxial.

Many people now work from home and need high speed internet.

On ever listing, the agents states...fiber optic available!! So there must be a demand or a market appeal for high speed internet.

Does it affect the value? I haven't really studied it. Maybe when the supply and demand becomes more in equilibrium, we will have better data? One subdivision has coaxial the other has fiber optic, the other has no line internet connection.

If I was a buyer, I would only consider fiber optic or coaxial. I have two teens, a wife that works from home and I work from home. I need the fastest internet possible.

Now, in the future, will starlink or your cell phone provider will be able to produce faster internet? Maybe...

Starlink is currently 100-300 mbps. There goal in 2026 is 1 gbps.

Ps, keep in mind what, the uad started many years back.......+-2018? Tech is changing faster than we could have ever imagined.

Not disagreeing, but I heard on one of the 3.6 podcasts, that this was an early requirement and it now obsolete. I think he said he would not be surprised if the requirement was eliminated.

 

[RCA]

People who run home offices with high dowload/upload requirements simply will not move into a neighborhood where there it is not possible to install Internet that meets their download/upload requirement and availability/uptime needs. So, a property doesn't have to actually have it installed, it just has to have the capability of having installed. And you should know the download/upload speeds, availability stats, cost range, and providers. I have AT&T Fiber Optic 2.5G up/2.5G down, $120/month free router & extenders. I could get 5G up and 5G down, a bit more expensive. And in that range StarLink is not close. But whether you absolutely need the speed or not, is a different story.

 

[paperasir]

It is the 21st century. It is odd that they would exclude a type of internet provided simply because it does not require cables. Perhaps an area where they did not give it enough thought. In terms of value, I imagine in most cases it is not relevant. If I were to appraise a property that has no access to broadband it is very likely that the comps I chose would be similar in that regard.

 

[cashcatz]

You can also get internet through your satellite dish. There are providers other than starlink

Sure, but those are overpriced trash and immobile.

 

[NC Appraising]

Not disagreeing, but I heard on one of the 3.6 podcasts, that this was an early requirement and it now obsolete. I think he said he would not be surprised if the requirement was eliminated.

I highly doubt it. Think about what all parties would have to do just to remove it. A monumental task. Heck, the software providers are already behind as it is.

Why would they? The GSEs aren't paying for it? They get to dictate everything and the borrower pays for it. Lol. It's a free service for them....we are the pawns.