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.

What does condition mean in appraisal?

Rating a Home’s Condition Home appraisals are conducted using the Uniform Residential Appraisal Report. … Generally, homes appraised as being in condition C1, C2 or C3 have few, if any, repair issues. Homes appraised as being in condition C4, C5 or C6 have repair issues requiring significant attention.

What does C3 mean on a house appraisal?

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.