question archive Residential Appraisal Outline & Grading Rubric 1
Residential Appraisal Outline & Grading Rubric 1
Subject:EconomicsPrice: Bought3
Residential Appraisal Outline & Grading Rubric 1. Uniform Residential Appraisal Report (70%) a. Subject – 3% b. Neighborhood – 3% c. Site – 3% d. Improvements – 5% e. Comparable Sales Approach – 35% f. Explanation of Comparable Sales Adjustments – 10% g. Cost Approach-Land Value; Depreciation – 5% h. Income Approach – 3% i. Reconciliation – 3% 2. Comparative Market Analysis & Marketing Time (DOM) (10%) 3. Market Conditions Addendum to the Appraisal Report (3%) 4. Location Map of Subject & Comparable Sales (5%) 5. Flood Plain Map (3%) 6. Tax Plat or Survey (3%) 7. Exterior & Interior Photos of Subject Property (5%) 8. Appraiser Qualifications (1%) While the grading rubric percentages are specific, your appraisal grade may also be affected by the overall impression of your appraisa
