- The Sales Comparison Approach
Imagine that you are an appraiser and you’ve been given an assignment to appraise a single family home in a suburban neighborhood. However, the client needs convincing about the approach you’re planning to use.
- Explain why the sales comparison approach is best suited here.
- Explain the important concepts behind the sales comparison approach.
- Explain how you will decide if a sale is comparable.
- Discuss what information about a comparable sale should be collected and how you plan to compare this data to the subject property.
- Identify the major sources of market data available to you.
- Outline the statistical techniques you can use to analyze sales.
- Change in Zoning
You complete an appraisal and estimate a well-supported value opinion; however, the client calls and informs you that the zoning of the property may change. The client now wants to know how the value would be affected.
- How would the value conclusion of a given appraisal would change if the property zoning was changed from residential to commercial?
- How would the land value analysis change?
- How can we determine if the property is in its highest and best use now that the land-use regulations have changed?
“
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."
"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"
