Nancy Heiss
Member
- Joined
- May 9, 2006
- Professional Status
- Certified Residential Appraiser
- State
- California
Am I completely wrong, or is possible and acceptable to apply adjustments within the same condition rating? I understand that it's an overall rating, however it simply makes no sense to me that all C3's are going to be the same quality. For instance, if I've got a subject that is well maintained, has all new expensive hardwood flooring and all bathrooms have been upgraded, that (to me) is a C3. If a comp is well maintained, has wood laminate flooring and 1 upgraded bath, that's still a C3 (to me). But it's not as high quality as the subject. Wouldn't it stand to reason that an adjustment would be made? Is there some specific language that explains this to an U/W? I've attempted to do just that, but they don't like my wording (something to the effect of 'condition is same rating, however improvements are superior/inferior to subject'....
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Messed my britches on that one.