driveways
393) Paved Driveways
08/24/08
Dear Henry:
Do you think that we should make an adjustment on the comparable grids for driveways that are paved versus not paved, such as cement vs tar, or pavers vs tar, or stones vs shale, or dirt vs stones or shale? Seems most appraisers don't even consider this. Some of these paving materials and methods are quite costly, and do add value to the properties.
Larry Fenimore Larfeni@hotmail.com
Daer Larry,
YES. Anything that adds (or detracts) from the value of the subject or comps should be reported in your appraisal report. The blank lines on the grid are there for this purpose.
H2
Do you think that we should make an adjustment on the comparable grids for driveways that are paved versus not paved, such as cement vs tar, or pavers vs tar, or stones vs shale, or dirt vs stones or shale? Seems most appraisers don't even consider this. Some of these paving materials and methods are quite costly, and do add value to the properties.
Larry Fenimore Larfeni@hotmail.com
Daer Larry,
YES. Anything that adds (or detracts) from the value of the subject or comps should be reported in your appraisal report. The blank lines on the grid are there for this purpose.
H2