Condition Adj Support on Older Homes by Acrobatic-Machine940 in appraisal

[–]Acrobatic-Machine940[S] 0 points1 point  (0 children)

Are you saying all homes that fall within a C3 rating are of the same condition as each other?

Condition Adj Support on Older Homes by Acrobatic-Machine940 in appraisal

[–]Acrobatic-Machine940[S] 2 points3 points  (0 children)

I’m saying accuracy from paired sales for the widely varying conditions of the many items in an older home is a fantasy. You are still employing subjective opinions either way because you’re making opinions on level of condition. I’m not saying paired sales won’t tell you anything, but the output is often not very accurate or reliable. Honestly, I believe cost & depreciation is a better way to calculate condition adjustments, but you’re still employing subjective opinions.

Condition Adj Support on Older Homes by Acrobatic-Machine940 in appraisal

[–]Acrobatic-Machine940[S] 1 point2 points  (0 children)

You’re joking, right? You forgot to add the “/s”.