Do you have diverse housing appraisal needs? Step into the future with the Residential Estimator on SwiftEstimator. You’ll complete appraisals with anywhere, any time convenience; have access to Form 1007, the Standard, Short, and Depreciation reporting features; and all calculations are automated so you’ll never question the accuracy of your adjustments again!
The newly added square-foot Residential Estimator is specifically designed to let users create a variety of cost reports as well as Form 1007 for FHA and HUD appraisals for single-family and low-rise multi-family residences, townhouses and duplexes. Users can select separate quality levels for components such as roofing, floor coverings and appliances, and can depreciate individual components separately using the industry-standard age/life method. The residential program also interpolates among residential styles, quality levels and square footages and allows users to develop detailed cost reports including hillside, seismic, wind and story-height cost adjustments. Frequent data updates assure that users have current and accurate data for the most reliable cost estimates possible.
Create Standard, Short, Input Listing and Depreciation cost reports as well as Form 1007 for FHA and HUD appraisals for single-family and low-rise multi-family residences, townhouses and duplexes.
You can select separate quality levels for components such as roofing, floor coverings, appliances and more. You'll be able to depreciate individual components separately using the age/life method. The program also interpolates between residential styles, quality levels and square footages. It's so flexible that you can develop cost reports with even greater detail using hillside, seismic, wind and story-height cost adjustments.
With real time data updates you can rely on current and accurate data, prepare cleaner, sharper reports and come away with total confidence in the reliability of your cost estimates.
Widely comprehensive and easy-to-use, these two additions give appraisers a powerful, automated resource that contains all the data needed to accurately estimate any residence, from single-family and low-rise multi-family residence to townhouses, duplexes and now, manufactured housing.
In light of the recent Fannie Mae announcement that requires market-based valuations supported by the cost approach when appraising manufactured homes, the Manufactured Homes calculation component features current cost information on every related component, from heating and cooling systems to exterior walls, roofing, skirting and foundation, enabling Residential Estimator users to quickly complete reports and increase productivity.
Useful to both site-built and manufactured housing appraisals, the new Yard Improvements feature facilitates the process of valuing landscaping, gazebos, pools, spas, tennis courts and many more outdoor property features.