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SALES COMPARISON APPROACH- what items are adjusted
April 17th, 2019 8:14 AM
We start with the best selected comparable's, adjusting their sales price for differences with the subject property in date of sale, site size, design of the house, location, view, condition, gross living area (GLA), bath count, parking, exterior amenities(porch, patio, IGPool, bulkhead, dock, etc), interior amenities(fireplace, central air conditioning, publc water, etc), and other features impacting value. The more similar the comparable's are to the subject, the fewer the adjustments will be required and more than likely, the smaller the adjustments are as well. My next blog-Adjustment Factors, Need assistance on buying or selling real estate, email: richard.abatelli@elliman.com
Posted in:
Sales Comparison Approach
and tagged:
comparables
sales price
sales date
richard.abatelli@elliman.com
Posted by Richard Wayne Abatelli on April 17th, 2019 8:14 AM
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