geodesic domes
283) Geodesic Domes
03/27/08
Dear H2,
I have an assignment to appraise a geodesic dome house. What is the proper measuring procedure and what types of comps should I be looking to use being that no other domes exists in this area.?
Thanks!
Jack Sheffrin jsheffrin@yahoo.com
Dear Jack,
There is no standard way to measure a geodesic dome. I would calculate the square foot of floor area by measuring the circumference and using the standard formula for calculating the area of a circle.* If the house was designed by the Reverend Buckminster Fuller it probably has historic value. To determine what kind of comps to use, ask yourself this question: If the house were up for sale and a potential buyer found out it had sold, what would they buy instead? This might give you a clue. Remember, however, that the USPAP says that your appraisal must be credible and that may be hard to comply with in this situation.
H2
* Note: Once you know the circumference of a circle, the area inside it can be found using the formula:
where:
C is the circumference of the circle and π is Pi, approximately 3.142
For an excellent explanation of all of the properties of a circle and how they relate, check out:
http://www.mathopenref.com/circlearea.html
I have an assignment to appraise a geodesic dome house. What is the proper measuring procedure and what types of comps should I be looking to use being that no other domes exists in this area.?
Thanks!
Jack Sheffrin jsheffrin@yahoo.com
Dear Jack,
There is no standard way to measure a geodesic dome. I would calculate the square foot of floor area by measuring the circumference and using the standard formula for calculating the area of a circle.* If the house was designed by the Reverend Buckminster Fuller it probably has historic value. To determine what kind of comps to use, ask yourself this question: If the house were up for sale and a potential buyer found out it had sold, what would they buy instead? This might give you a clue. Remember, however, that the USPAP says that your appraisal must be credible and that may be hard to comply with in this situation.
H2
* Note: Once you know the circumference of a circle, the area inside it can be found using the formula:
where:
C is the circumference of the circle and π is Pi, approximately 3.142
For an excellent explanation of all of the properties of a circle and how they relate, check out:
http://www.mathopenref.com/circlearea.html