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Property condition ratings imposed by the Single Family Uniform Appraisal Dataset (UAD), whereby appraisals must rate the condition of the home in addition to its quality (see “Q1 – Q6”). A C1 condition rating indicates New Construction where the entire structure and all components are new and the dwelling features no physical depreciation. C2 properties feature no deferred maintenance, little or no physical depreciation, and require no repairs. A C3 home indicates Limited Deferred Maintenance, where improvements are well-maintained and feature limited physical depreciation due to normal wear and tear. A C4 dwelling shows Minor Deferred Maintenance and physical deterioration due to normal wear and tear, but all major building. C5 homes have Significant Deferred Maintenance and need some significant repairs. Some building components need repairs, rehabilitation, or updating. On the lowest end of the rating are C6 homes with Severe Deferred Maintenance with deficiencies or defects that are severe enough to affect the safety, soundness, or structural integrity of the improvements.

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