405: Improvements Analysis

The appraiser must provide a clear, detailed, and accurate description of the improvements that is consistent with the level of fieldwork we require in connection with the appraisal assignment.  The appraiser should be as specific as possible (commenting on such things as needed repairs, additional features, modernization, etc.) and should provide supporting addenda, if necessary.

Some of our appraisal report forms require the appraiser to provide a comprehensive description of the improvements, which should include a general overall description and specific descriptions of the exterior, foundation, basement, insulation, interior surfaces, heating and cooling systems, kitchen equipment, attic, amenities, and car storage.  If the property that is being appraised includes an accessory apartment, the appraiser should describe it in the "comments" section of the "improvements analysis" portion of the appraisal report form.