Title: The Impact of Zoning on Property Values
Headings: The Impact of Zoning on Property Values
The Impact of Zoning on Property Values
Shannon Slater Follow
MNAA, Certified Residential Real Estate Appraiser at DW Slater Company
What is Zoning?
What is the Highest and Best Use Analysis?
How would zoning impact the value of a property?
Shannon Slater
MNAA, Certified Residential Real Estate Appraiser at DW Slater Company

Content: The Impact of Zoning on Property Values
The Impact of Zoning on Property Values
Published on February 26, 2016
February 26, 2016 • 20 Likes • 0 Comments
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Shannon Slater Follow
MNAA, Certified Residential Real Estate Appraiser at DW Slater Company
How important is the zoning of a property? When an appraisal is performed on a property whether the property is residential or commercial, a part of the appraisal process is to determine the zoning of a property. Then an appraiser determines if the zoning is considered to be a legal use, an illegal use, a legal nonconforming use (grandfathered use), or if there is no zoning at all. What is Zoning? Zoning is defined as: ( The Dictionary of Real Estate Appraisal, 4th Edition)
There are various types of zoning: Single- Family Residential
Multifamily Residential
Planned Unit Development
Commercial
Industrial
Mixed-Use
Public Building Facility
Airport
Some cities have zoning maps located on their websites however the city can always be contacted to provide the zoning for a property located within their city limits. By appraising in various cities in our markets, I can confidently state that each city has its own unique zoning. Some are simple and some are very complex. Some very small cities do not have zoning at all.