Timothy M Poppaw, Appraiser

Real Estate Appraisals in Southwest Ohio

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30. On a 10-year-old, two-living-unit property, HUD/FHA requires as a minimum the following approach to value:

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Sales comparison approach. If one unit is owner occupied and one is vacant, income approach is optional depending on availability and reliability of rental data. If on unit is owner-occupied and the other is rented, then the income approach is required when the market area has other rental properties, otherwise is optional depending on the availability and reliability of rental data.


Sales comparsion approach- at a minimium


Sales comparsion approach- at a minimium


Sales Comparison and Income Approach.


sales comparsion approach


sales comparsion approach


sales comparison and income



comparable sale



Sales Comparison Approach - at a minimum!


income


income


income

 

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For More Information Contact: 
Timothy M Poppaw, Appraiser
Englewood OH 45322-3532
Tel: 937-832-4600 FAX:909-752-3105
Timothy M Poppaw

State of Ohio Certified General Real Estate Appraiser

Cell: 937-689-4341