Two question
GRg_WHfTE- 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?
9 years ago
8
Answer(1)![blurred-text]()
Purchase the answer to view it
NOT RATED
discussions.docx
Bids(1)
