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#2006712 - 04/08/15 01:06 PM Is a "barndominium" a dwelling for Reg B purposes
TNB Offline
Member
Joined: Mar 2008
Posts: 77
Texas
Ever hear of a "barndominium"? The entire property (collateraal) encompasses a couple hundred acres including this barndominium.I'm trying to discern if it is considered a dwelling for Reg B and all the appraisal rules apply. Your insight is welcomed.
Here's the description from the appraisal: The subject property is improved with an all-steel barndominium which has two levels of finished
living area (the second level accessible only through the shop area) and a large shop area as well as
two large covered patio areas and a large wood deck. The lower level is considered to have a very
good quality interior finish-out with two bedrooms, three baths, a large kitchen

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Interagency (Reg Z) and CFPB Reg B Appraisal Rules
#2006836 - 04/08/15 05:44 PM Re: Is a "barndominium" a dwelling for Reg B purposes TNB
DoubleNickel Offline
Junior Member
Joined: Jan 2013
Posts: 25
Yes, we have had a couple of these and we classify as a dwelling. We are located in Texas as well.

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#2006902 - 04/08/15 08:43 PM Re: Is a "barndominium" a dwelling for Reg B purposes TNB
TNB Offline
Member
Joined: Mar 2008
Posts: 77
Texas
Thanks!

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