Quality Ratings and Definitions
Appraisers must utilize the following standardized quality ratings within the appraisal report.
Q1
Dwellings with this quality rating are usually unique structures that are
individually designed by an architect for a
specified user. Such residences typically are constructed from detailed
architectural plans and specifications and
feature an exceptionally high level of workmanship and exceptionally high-grade
materials throughout the interior
and exterior of the structure. The design features exceptionally high-quality
exterior refinements and ornamentation,
and exceptionally high-quality interior refinements. The workmanship, materials,
and finishes throughout the
dwelling are of exceptionally high quality.
Q2
Dwellings with this quality rating are often custom designed for construction on
an individual property owner’s site.
However, dwellings in this quality grade are also found in high-quality tract
developments featuring residences
constructed from individual plans or from highly modified or upgraded plans. The
design features detailed, high-quality exterior ornamentation, high-quality interior refinements, and detail.
The workmanship, materials, and
finishes throughout the dwelling are generally of high or very high quality.
Q3
Dwellings with this quality rating are residences of higher quality built from
individual or readily available designer
plans in above-standard residential tract developments or on an individual
property owner’s site. The design
includes significant exterior ornamentation and interiors that are well
finished. The workmanship exceeds acceptable
standards and many materials and finishes throughout the dwelling have been
upgraded from “stock” standards.
Q4
Dwellings with this quality rating meet or exceed the requirements of applicable
building codes. Standard or
modified standard building plans are utilized and the design includes adequate
fenestration
and some exterior
ornamentation and interior refinements. Materials, workmanship, finish, and
equipment are of stock or builder grade
and may feature some upgrades.
Q5
Dwellings with this quality rating feature economy of construction and basic
functionality as main considerations.
Such dwellings feature a plain design using readily available or basic floor
plans featuring minimal
fenestration and
basic finishes with minimal exterior ornamentation and limited interior detail.
These dwellings meet minimum
building codes and are constructed with inexpensive, stock materials with
limited refinements and upgrades.
Q6
Dwellings with this quality rating are of basic quality and lower cost; some may
not be suitable for year-round
occupancy. Such dwellings are often built with simple plans or without plans,
often utilizing the lowest quality
building materials. Such dwellings are often built or expanded by persons who
are professionally unskilled or
possess only minimal construction skills. Electrical, plumbing, and other
mechanical systems and equipment may be
minimal or non-existent. Older dwellings may feature one or more substandard or
non-conforming additions to the
original structure.