source:
  type: guide
  id: hud-4000-1-ii-a-standard
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Standard
    (05/09/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Standard
    (05/09/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-ii-a-standard-full
  canonical_id: hud-4000-1-ii-a-standard-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Standard
    (05/09/2022)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Standard
      (05/09/2022)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'a. Standard (05/09/2022) There are three valuation approaches
      as applied to one-to four-residential unit Properties and Manufactured Homes:
      • sales comparison approach; • cost approach; and • income approach to value.
      The Appraiser must consider and attempt all approaches to value and must develop
      and reconcile each approach that is relevant. If the Appraiser cannot find sufficient
      data to complete one or more of the approaches to provide a credible valuation,
      the Appraiser must explain the lack of inclusion of that approach and the effect
      on the valuation and credibility of the appraisal analysis.'
  judgment: false
