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Residential Grading, Condition & Data Input
SCOTT D JOHNSON ICA RES- VP VCS FIELD OPERATIONS
MIKE WEEKS, ICA – REGIONAL FIELD SPECIALIST
MV = LV + IV
MV = MARKET VALUE
LV = LAND VALUE
IV = IMPROVEMENT VALUE
IMPROVEMENT VALUE = REPLACEMENT COST NEW - DEPRECIATION.
The Cost Approach
Residential Pricing Page 7-2
CAMAvision
Structure Screen
Tool Bar
Grade Guide
Grade Guide
ECONOMY OF SCALE
ECONOMY OF SCALE
CALCULATE SQUARE FOOT
44 X 44 = 1936 SF OF AREA
CALCULATE THE LINEAL FEET OF EXTERIOR WALLS
44 + 44 + 44 + 44 = 176 LF OF EXT WALL
1936/176 = 11 PERIMETER TO AREA RATIO IS 11
TO 1
11 SF OF AREA FOR EVERY LINEAL FOOT OF
EXTERIOR WALL.
ECONOMY OF SCALE
ECONOMY OF SCALE
CALCULATE SQUARE FOOT
LENGTH X WIDTH = SF OF EACH AREA
870 + 522 + 72 + 396 + 12 + 65 = 1937 SF
CALCULATE THE LINEAL FEET OF EXTERIOR WALLS
30 + 29 + 12 + 23 + 12 + 6 + 48 + 9 + 5 + 13 + 15 +
1.5 + 8 + 34.5 = 246 LF
1937 / 246 = 7.87 PERIMETER TO AREA RATIO IS
7.87 TO 1
7.87 SF OF AREA FOR EVERY LINEAL FOOT OF
EXTERIOR WALL.
ECONOMY OF SCALE
11LF/SF VS 7.87LF/SF
Occupancy & Price
Flat
Flat Extras
Duplex
Duplex Extras
Flat Extras
TWO FAMILY FLAT OR DUPLEX:
2 Extra Entrance - 1280
Kitchen Cabinets - 5025
Stairway Partitioning - 350
Extra Heating - 2080
Miscellaneous - 265
$9000
*Notice lack of additional plumbing
Conversion
Conversion Extras
Conversion Extras
TWO FAMILY FLAT OR DUPLEX:
2 EXTRA ENTRANCE - 1280
KITCHEN CABINETS - 5025
STAIRWAY PARTITIONING - 350
EXTRA HEATING - 2080
MISCELLANEOUS - 265
$9000
CONVERSION 50% OF FLAT
*NOTICE LACK OF ADDITIONAL PLUMBING
Pricing Code
STYLE
1 Story Frame w/Stone Veneer
1 Story Brick
Brick on All Sides
1 ½ Story Frame
1 ½ Story Brick
2 Story Frame
2 Story Brick
2 Story Brick?
Split Foyer & Split Level Dwellings
Split Level Dwellings
Split Level Dwellings
Split Foyer Dwellings
Split Foyer w/Garage Ext
TLA?
Split Foyer Frame
Split Foyer w/Basement Garage
Split Foyer Brick
w/Basement Finish
Split Level w/Garage Ext
Split Level 2 Car
Split Level 1 Car
w/Basement Finish
Duplex
Townhouse?
Townhouse
Condo
A-FRAME
A-FRAME
3 Grade
4 Grade A-Frame
5 Grade A-Frame
EARTH SHELTER & BERMED
EARTH HOME
Earth Home
MOW THE ROOF!
BERMED HOME
BERMED HOME
Bermed or Earth Contact
LOG DWELLING
4 GRADE LOG HOME
3+10 GRADE LOG HOME
SIM LOG HOME
REAL LOG HOME
MANUFACTURED HOME
MH GRADING
MANUFACTURED HOME 5 GRADE
MANUFACTURED HOME 4 GRADE
MANUFACTURED HOME 5 GRADE
MANUFACTURED HOME 4 GRADE
MANUFACTURED HOME 3 GRADE
TODAYS 4 GRADE
4 Grade Single Wide
4 Grade Double Wide
Hinged Roof
3 Grade Single Wide
3 Grade Double Wide
GRADE
Grading
WE GRADE FOR ONE REASON,
DO YOU KNOW WHAT IT IS?
TO ACHIEVE RCN
(REPLACE COST NEW)!
GRADE QUALITY
RESIDENTIAL
RESIDENTIAL
RESIDENTIAL
The Answer!
GRADE GUIDE
GRADE GUIDE
E GRADE
E GRADE
E GRADE
TODAYS E GRADE
E Grade
High Ceiling Addition
Dinner Area
Master Bath
Basement Garage
Custom Door Knobs
High Ceiling Addition
1 GRADE
1 GRADE
1 GRADE
2 GRADE
2 GRADE
2 GRADE
3 GRADE
3 GRADE
3 GRADE
3 GRADE
4 GRADE BASICS
4 GRADE BASICS
4 GRADE
4 GRADE
4 GRADE
5 GRADE
5 GRADE (T-SHAPED FARM HOUSE)
5 GRADE
6 GRADE
6 GRADE
TODAYS 6 GRADE (Tool Shed House)
TODAYS 6 GRADE (Tool Shed House)
TODAYS 6 GRADE (Tool Shed House)
CONDITION
Condition
CONDITION
CONDITION - NORMAL
CONDITION
CONDITION – ABOVE NORMAL
CONDITION
CONDITION – VERY POOR
CONDITION
CONDITION - POOR
CONDITION
CONDITION – VERY GOOD
CONDITION
CONDITION - NORMAL
BASEMENT/FOUNDATION
Excavation and Forms
Formed Footings
Trench Footings
Crawl Space Supporting Wall
Concrete Foundation with Anchors
Concrete Foundation
w/brick ledge
Stay in Place Insulated Forms
Page 5-5 $1.50 PSFSA
Unfinished Basement
Pier Foundation
Piers
Drilling Piers
Jacks for Piers
Crawl Space Foundation
Crawl Space Foundation
w/vapor barrier
Crawl Space Foundation
Slab Foundation
Stone Foundation/Basement
Stone Foundation/Basement
Low Ceiling Height
Stone Foundation/Basement
(Root Cellar)
HEATING TYPES
HEATING TYPES
FHA Gas
FHA Gas
Gravity Heat
Hot Water Baseboard
Hot Water Radiant
Hot Water Floor
Baseboard Electric
Electric Radiant Floor
Electric Floor Under
Electric Radiant Ceiling
Geo Thermal – Interior
Geo Thermal – Exterior types
NON-BASE HEAT ADJUSTMENT
NON-BASE HEAT ADJUSTMENT
Floor Furnace
Wall Furnace
Pipeless Furnace
Space Heater
Handfired Furnace
Handfired Outside Boilers
AC TYPES
AC EFFICIENCY EXAMPLES
Ductless A/C
DUCTLESS EXTERIOR VIEW
Ductless HVAC
OFF ON
ATTIC STYLE
Page
7-45
1 Story w/ ½ Attic
1 Story w/ ½ Attic?
1 Story w/ ½ Attic
1Story w/Attic or 1 ½ Story?
2 Story w/Attic?
Floors and
Stairs
Pull down = No Attic
Half Attic
5 Foot Clearance?
ATTICE FINISH
Side Wall Height
Floor and Stairs Only
Architectural Style
Totals Choice
Obsolescence
1 or Multiple %’s
1 or Multiple %’s
Many to One
OBSO REASONS DESCRIPTION
Description Type
Outside Basement Entry Only
Stall Shower Only
Water Closet Only on Main Floor
Unusable Basement
Room Counts/Finish Descriptions
Room Counts/Finish Descriptions
Foundations
Exterior Walls
Roof Type
Interior Finish
Flooring
Single Siding Adjustment
Single Siding
Plumbing
Plumbing
Plumbing
COUNT DOES NOT INCLUDE
KITCHEN SINK, WATER HEATER
AND LAUNDRY HOOK UPS,
WHICH ARE INCLUDED IN THE
BASE COSTS
Full Bath
Shower Stall Bath
Toilet Room
Lavatory
Water Closet
Sink
Shower Stall/Tub
Metal Stall Shower
Wet Bar
Whirlpool Bath
Whirlpool Tub
Bidet
Fiberglass Service Sink
Urinal
Built-in Sauna
Portable Sauna
Whirlpool w/Shower
Shower - Sauna
Appliances
Appliances Microwave & Dishwasher
Appliances Microwave, Stove & Ovens
JENN-AIR Stovetop
Built-in Vacuum
Built-In Vacuum
Intercom System
Basement Finish
Basement Finish
Standard Finish
Standard Finish
Rec Room Low
Rec Room Avg
Rec Room Avg?
Rec Room Avg?
Rec Room High
Rec Room Low
Rec Room ?
Multi Living
Living Quarters w/ Walkout
Living Quarters w/ Walkout
Walk-Out (PLF Exposed)
Walk-Out (PLF Exposed)
BE CAREFUL NOT TO ADD THIS TWICE
Pricing Unit
Quality
TLA?
TLA for Basement Finish
Basement Stalls (#of Car Stalls)
Basement Stall 1 vs. 2 Stall
Basement Garage
Basement Garage 2 Stall (Tuck Under)
Basement Garage 2 Stall (Tuck Under)
Split Level with Basement Garage 2
Stall (Tuck Under)
Split Foyer w/ Attached Garage
Garage w/ QTRS Over (Tuck Under)
Garage w/ QTRS Over (Tuck Under)
Split Level with BSTM GAR vs QTRS OVR
Split Level with BSTM GAR vs QTRS OVR
Split Level with BSTM GAR vs QTRS OVR
Split Level with BSTM GAR vs QTRS OVR
Split Level with BSTM GAR vs QTRS OVR
BSTM GAR vs QTRS OVR
Fireplaces
Count
Fireplace Type
Fireplace Type
Gas Side
Gas Vertical
Masonry Fireplace
Fireplace Types
Prefab Fireplace
Prefab Stack
Gas Side Vented
Gas Side Vent
Masonry Fireplace
Masonry Stack
Clay Tile Flue
Double Sided Gas
Freestanding
Fireplace Stack Height
2 Story Stack
1 Story Masonry Stack
Stack Height?
Porch & Quarters Over
Porch Style
Porch Style
Porch Style/Basement
Quarters Over Construction
Quarters Over AC
1 Story Frame Open Porch
1 Story Brick Open Porch
1 Story Frame or Brick OP
1 Story Log Open Porch
1 Story Frame Enclosed Porch
1 Story Brick Enclosed Porch
1 Story Open Porch
2 Story Open Porch
2 Story Open Porch/
1 Story Enclosed Porch over 1 Story
Open Porch
1 Story Open Porch over 1 Story
Brick Enclosed Porch
1 Story Open Brick Porch
Screen Porch
Brick Screen Porch
Screen Porch over Wood Deck
Log Screen Porch
3 Season Porch Frame
3 Season Porch Brick
3 Season Porch or Addition?
3 Season Porch or Addition?
What is it?
Quarters Over Porch
Decks, Patios and Other
Pricing Items
Pricing Items
Pricing Items
Pricing Items
Pricing Items
Concrete Patio Low
Concrete Patio Avg
Concrete Patio High
Stamped Concrete Patio – Low
Stamped Concrete Patio Avg
Brick Patio Low
Brick Patio Avg
Brick Patio High
Brick Patio High
Flagstone Patio Low
Flagstone Patio Avg
Flagstone Patio High
Flagstone Patio High
Wood Deck Low & Avg
Wood Deck Avg
Composite Deck High
Composite Deck High
Lattice Roof
Metal Roof Avg
Metal Roof Low
Asphalt Roof Low
Asphalt Roof
OP or Patio w/Roof
Outside Basement Entry
Basement Entry Low
Basement Entry Avg
Basement Entry High
Veneer
Veneer Types
Veneer Types/Story Height/LF
Brick Veneer
Sim Brick Veneer
Sim Stone Veneer
Stone Veneer
Stone Veneer
EIFS (Exterior Insulation and Finish Systems)
Layers
EFIS
Building Extras
Pricing Unit
Depreciation
Addition
Addition
Addition Type
1 Story Addition
Pricing and Listing
High Ceiling Addition
Height Ceiling Addition
Solar Room
Solar Room
Solar Room
Solar Room
Addition Condition
2nd Floor Adjustment
2nd Floor Adjustment
Second Floor Adjustment
Addition Heating Type
Addition Heating Type
Addition AC
Addition Obsolescence
Duplicate Button
Duplicate Notice
Garages
Garage Types
Attached Garage
Attached Garage
Newer Attached Garage
Year Built & Condition
Garage Types
DETACHED GARAGES
Basic Garage Grade Examples
6 Grade
5 Grade
4 Grade
3 Grade
2 Grade
2 Garage
2 Grade
Attached Frame Carport
Attached Metal Carport
Attached Metal Carport
Detached Frame Carport
Detached Frame Carport
Metal Carport Low
Metal Carport Avg
Metal Carport High
Pricing Type
Condition
Quarters Over Construction
Quarters Over SF/AC
Detached Gar Quarters Over
Sloped Unfinished Attic
Sloped Finished Attic
Unfinished 2nd Floor
Finished 2nd Floor
Finished 2nd Floor w/ Plmbg
Finished 2nd Floor w/ Plmbg 2
Obsolescence
Appraised Value and Grade
Grade &
RCN
Change Grade, Change What?
RCN!!!
Any Questions or Comments?
THANK YOU!
FACEBOOK.COM/CAMAVISION
Follow Us Today!
LINKEDIN.COM/COMPANY/VANGUARD-APPRAISALS

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2015 UGM Residential grading, condition, data input