Jan 09, 2018 - 03:36 PM
Having said that, generally speaking, unless a home is totally razed, the year built will reflect the actual year the improvements were first constructed. This typically holds true even if a home undergoes significant additions, remodeling, renovation, etc.
Regardless of the actual age, however, the appraiser typically also reports the effective age of the improvements. Therefore, a home that has undergone significant remodeling and updating may have an actual age of 50 or 60 years, but an effective age of only 1 or 2 years.