Appraisers' Free Forum

What is a basement?

Edd Gillespie wrote:

Bill Caudell wrote:

Edd Gillespie wrote:

Bill Caudell wrote:Built-in garages have living area both adjacent to and above.
Basement garages are used in conjunction with an unfinished basement.
There is a difference in the two.

Talk about discriminating markets. That is slicing it really thin.

Just referencing the verbage in the Marshall and Swift Residential Cost Handbook (page 11).

Well then, it must be correct. Why did you steal it and forget ot give them credit for it. Actually, I suspect, even then it may be a distinction without much of a difference.

To your first statement (Well then, it must be correct), depends on your market. To your question (Why did you steal it and forget ot give them credit for it), I made an extraordinary assumption an appraiser with knowledge, such as yourself, would have known where that information was found. As to your last statement (I suspect, even then it may be a distinction without much of a difference), I agree.

Thanks Bill.