Appraisal Adjustments For Lot Size

– CU sends out appraisal warning messages for adjustments on: GLA, lot size, view, condition, quality, and location. For now. – Gradual implementation of CU’s web based interface, which has the infamous “20 comps”, mapping, etc.

lot size, and numbers of baths and bedrooms. The adjustments are made to the recorded sales prices of the houses the appraiser chooses as "comparables" to get a more accurate sense of the value of the …

Feb 17, 2012  · lot size adjustments should be based on average price per acre in the subject’s immediate market area. If a comparable is located outside of the subject’s immediate area and different land values command a different adjustment amount than the other comparables, an additional comment is required.

Baton Rouge Real Estate Is Lot Size More Important Than Lot Value lot size, number of baths and bedrooms, etc. The adjustments are made to the recorded sales prices of the houses that the appraiser chooses as comparables to get a more accurate sense of the value of …

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Nov 13, 2009  · Just curious on how the more experienced here determine when an adjustment for lot size is made. When in the absence of lot sales, paired sales of improved properties dont offer much in the way of a value trend.

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lot size, numbers of baths and bedrooms, etc. The adjustments are made to the recorded sales prices of the houses the appraiser chooses as “comparables” to get a more accurate sense of the value of th…

If you choose to make a $1 per square foot adjustment, that is saying that a house with a lot twice the size as the subject is worth only $15,000 more than a house with half the lot size. This is reasonable, perhaps, if the land values in that area are selling for around $2 to $3 per square foot.

Appraisal “adjustments” can cause trouble. Adjustments are made in 99.8 percent of all appraisals, according to the CoreLogic study. The most frequent adjustments involve objective features of houses — living area, rooms, car storage, porch and deck were all adjusted in more than 50 percent of the 1.3 million appraisals, according to CoreLogic.

lot size, numbers of baths and bedrooms, etc. The adjustments are made to the recorded sales prices of the houses the appraiser chooses as “comparables” to get a more accurate sense of the value of th…

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