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Presentation Category
04 APPRAISING PROPERTY
Session Description
Teardowns of residential properties typically occur when the highest and best use of the property is changing to a commercial use. But what if the teardown will be a continued residential use as a new single-family dwelling? Mecklenburg County uses a novel technique to identify, classify and depreciate dwellings that have the potential to be teardowns.
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Start Date
9-1-2020 10:30 AM
End Date
9-1-2020 11:30 AM
Identify and Appraise Residential Teardowns
Teardowns of residential properties typically occur when the highest and best use of the property is changing to a commercial use. But what if the teardown will be a continued residential use as a new single-family dwelling? Mecklenburg County uses a novel technique to identify, classify and depreciate dwellings that have the potential to be teardowns.
