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Does it need a closet to be a bedroom?

Sacramento Appraisal Blog

Do you need a closet to be considered a bedroom? NOTE: This post does not address the requirements to be a bedroom. Here is a post I wrote about the four requirements to be a bedroom (over […]. That’s a big question and the answer is simple. Actually, it’s not.

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Functional Obsolescence for Appraisers

Appraisal Today

Let’s look at a few examples: A home has three bedrooms, but to reach the third bedroom, you have to walk through the other secondary bedroom. They were built without closets and used armoires (free standing closets). I’m trying not to think about how many listings have an incorrect number of bedrooms!

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Appraising Historical Homes

Appraisal Today

The scarcity of historical properties often requires appraisers to expand their search to find comparable sales, both geographically and over longer time frames. Does any of this matter in this ultra-luxury price range? Read on blog www.appraisaltoday.com/blog Posted by noon Friday. acres of coastal land.

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2024 USPAP For Appraisers

Appraisal Today

I assume a new class will be required every two years in the future. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, economics analysis, Fannie getting rid of appraisers?, Home in Beverly Hills, CA for $85M Excerpts: 12 Bedrooms, 15 baths, 24,325 Sq Ft (across multiple structures), 1.2

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Appraiser Liability Risks

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. The five bedrooms and eight bathrooms at 14051 Island Drive are spread across the main home and guesthouse. Worth reading.

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The Power of Praise for Appraisers and Clients 3-24-23

Appraisal Today

Stipulations that I forgot to add a listing which was a requirement of the engagement agreement (yes, I missed that) or that I didn’t put a sketch of an unfinished basement in the report (yes, I missed that as well). To read more of this long blog post with many topics, click Read More Below!! Does it change over time?

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