VA Worn Driveway

[gregb]

Agree with below analysis as to the missing garage door. The larger detriment to the overall value is the location on a very busy road, with the resulting consequences of a driver taking out the garage door.

"A temporary condition, easily remedied, which does not impact the safety or soundness of the structure or its ability to be occupied. Nonetheless, as-is, it would have an impact on value. That impact is easy to identify and account for in the analysis.

I'd identify it, discuss it (as I have above), conclude that it does not affect the safety or impair the occupancy of the home. I'd state that it has an impact on market value (as-is) and adjust for that impact in my analysis."

 

[Tim The Enchanter]

Driveway = minor trip hazard and definitely near end of physical life.

Ours looked like that and we were advised don't think about resurfacing, it's too far gone.
Indeed, it took 2 guys about an hour to put the asphalt on a trailer and haul it away.

 

[GA Benny]

I would also add that there is technically no specific requirement for a garage door. Carports, without a door, is a perfectly acceptable option.

 

[Don Clark]

Would this driveway meet VA MPR as Safe, Structurally Sound and Sanitary?

View attachment 32736

No. It needs to be in a safe and sound condition. You can have gravel, cement,asphalt or just plain dirt. But this is a mess. I would call for repair. I cannot tell for sure from the photo but there may also be safety(trip) conditions.

 

[Don Clark]

Another VA MPR question. VA refinance, owners are waiting for a garage door to be installed, after a drunk driver reportedly crashed into their garage.

View attachment 32745

Subject to installation of garage doors.

 

[1963Clipper]

The VA doesn't require a home have a driveway leading up to it (only that the street the home is on has an all weather surface), so unless you've concluded it's a safe/sound/sanitary issue affecting the IMPROVEMENT, don't know how anyone could get away with calling for rough asphalt to be remedied.

Same goes for garage doors. Adjust the comp for its superiority (having a functioning door), and move on.

 

[Don Clark]

The VA doesn't require a home have a driveway leading up to it (only that the street the home is on has an all weather surface), so unless you've concluded it's a safe/sound/sanitary issue affecting the IMPROVEMENT, don't know how anyone could get away with calling for rough asphalt to be remedied.

Same goes for garage doors. Adjust the comp for its superiority (having a functioning door), and move on.

I have been doing VA Appraisals since January 1992. If a driveway is not "suitable for it's intended use" I have called for repairs and have never been told no or had an disagreement with that by VA or the lender. Same goes for a garage door or any other part of a subject property I have appraised.