A. Like many appraiser’s we felt that UAD quality ratings are too restrictive, that there are many levels of quality that fall between each numerical rating. Our tool gives the user the opportunity to make incremental adjustments for things like an average quality tract house that has been remodeled with good quality components and so on.
A. This was done from a practicality standpoint. For example let’s say we have determined that a house has a Quality Level rating of 3.5 (better than a 3 but not quite as good as a 4). If our Quality Levels went in the same direction as UAD ratings (1 best and 6 worst), A 3.5 Quality Level Rating would result in a lower multiplier than a 3.0 Quality Level Rating. That would be very confusing so we went with a scale from 1 – 8 with eight being best.