VA Pamphlet 26-7 Chapter 11, Topic 7: Nuisances

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VA Lender's Handbook, VA Pamphlet 26-7
Version in Zeitro Strata
Where
pages 274–275 of 461

Page 274

Topic 7. Nuisances

February 22, 2019

This Chapter has been revised in its entirety.

a. Effect on Value

While nuisances do not make a property ineligible or require repair, the appraiser must describe any nuisances and consider any effect on value.

b. Sales with Same Influence

If available, comparable sales influenced by the same nuisance, should be used by the appraiser.

Page 275

c. Examples

Examples of nuisances include heavy traffic, noise from a nearby highway, or odors from a factory in the vicinity.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.