WebbAn appraiser is using the sales comparison approach to value. The subject property has three bedrooms, and a comparable property has four bedrooms. If the appraiser … WebbStudy Quiz Sales Comparison and Income Approach Ch 9-10 flashcards from Petra Weise's class online, or in Brainscape's iPhone or Android app. Learn faster with spaced …
Chapter 8 and 9: Valuation using the sales comparison approach
WebbUsing the cost approach to value, what is the estimated value of this real estate? The answer is $194,000. $150,000 ÷ 50 = $3,000; $3,000 × 2 = $6,000; $150,000 – $6,000 = $144,000; $144,000 + $50,000 = $194,000. The replacement cost of a small building has been estimated at $350,000, and the building has an estimated useful life of 50 years. Webb13 nov. 2024 · SALES COMPARISON APPROACH. -The process in which the market estimate is derived by analyzing the market for similar properties. -A major premise of … eggs sweet potato and spinach breakfast
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WebbSales comparison approach This is the approach most commonly associated with the use of comparables. The appraiser seeks enough comparables (as few as three in a residential analysis, many more in a non-residential appraisal) and makes adjustments to the comparables' selling prices according to the various factors of comparison. Webb20 juni 2024 · Sometimes also referred to as the market comparison approach, the sales comparison approach to property valuation is one of the most common methods of … Webb22 jan. 2024 · In the sales comparison approach, using comparables that are five and 15 years old when appraising a subject that is 10 years old is an example of Adjustment of Age . Learn more about Sales question here: brainly.com/question/13466289 Advertisement ameduanne Answer: Age adjustment Step-by-step explanation: egg standing up straight in water