UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS
(Source: Fannie Mae UAD Appendix
D: UAD Field-Specific Standardization Requirements)
Condition Ratings and Definitions
C1
The improvements have been very recently constructed and have not previously been occupied. The entire structure
and all components are new and the dwelling features no physical depreciation.*
*Note: Newly constructed improvements that feature recycled materials and/or components
can be considered new dwellings provided that the dwelling is placed on a 100% new foundation and the recycled materials and
the recycled components have been rehabilitated/re-manufactured into like-new condition. Recently constructed improvements
that have not been previously occupied are not considered “new” if they have any significant physical depreciation
(i.e., newly constructed dwellings that have been vacant for an extended period of time without adequate maintenance or upkeep).
C2
The improvements feature no deferred
maintenance, little or no physical depreciation, and require no repairs. Virtually all building components are new or have
been recently repaired, refinished, or rehabilitated. All outdated components and finishes have been updated and/or replaced
with components that meet current standards. Dwellings in this category either are almost new or have been recently completely
renovated and are similar in condition to new construction.
C3
The improvements are well maintained and feature limited physical
depreciation due to normal wear and tear. Some components, but not every major building component, may be updated or recently
rehabilitated. The structure has been well maintained.
C4
The improvements feature some minor deferred maintenance and
physical deterioration due to normal wear and tear. The dwelling has been adequately maintained and required only minimal
repairs to building components/mechanical systems and cosmetic repairs. All major building components have been adequately
maintained and are functionally adequate.
C5
The improvements feature obvious deferred maintenance and are
in need of some significant repairs. Some building components need repairs, rehabilitations, or updating. The functional utility
and overall livability is somewhat diminished due to conditions, but the dwelling remains useable and functional as a residence.
C6
The
improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect
the safety, soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and
rehabilitation, including many or most major components.
Quality Ratings and Definitions
Q1
Dwellings with this quality rating
are usually unique structures that are individually designed by an architect or 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 residence 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 dwelling 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 dwelling may feature one or more substandard or non=conforming
additions to the original structure.
Definitions of Not Updated, Updated, and Remodeled
Not Updated
Little or no updating or modernization. This
description includes, but is not limited to, new homes.
Residential properties of fifteen years of age or less often reflect an
original condition with no updating, if no major components have been replaced or updated. Those over fifteen years of age
are also considered not updated if the appliances, fixtures, and finishes are predominantly dated. An area that is ‘Not
Updated’ may still be well maintained and fully functional, and this rating does not necessarily imply deferred maintenance
or physical/functional deterioration.
Updated
The area of the home has been modified to meet current market expectations.
These modifications are limited in terms of both scope and cost.
An updated area of the home should have an improved look and feel,
or functional utility. Changes that constitute updates include refurbishment and/or replacing components to meet existing
market expectations. Updates do not include significant alterations to the existing structure.
Remodeled
Significant finish and/or structural changes have been made that increase utility and appeal through complete replacement
and/or expansion.
A remodeled area reflects fundamental changes that include multiple alterations., these alterations may include some
or all of the following: replacement of a major component (cabinet(s), bathtub, or bathroom tile), relocation of plumbing/gas
fixtures/appliances, significant structural alterations (relocating walls, and/or the addition of) square footage). This would
include a complete gutting and rebuild.