Respuesta :
The subject property being evaluated is compared to comparable properties that sold during a suitable time leading up to or just using the sales comparison grid (model).
Why would an appraiser use sales information on similar properties?
The market value of a property is calculated using sales information from comparable properties in real estate valuation. When calculating the current value of a property, the appraiser should include at least three recently sold and comparable properties.
Which change in the grid of sales comparisons should be made first?
A "sales comparison grid" is a common feature of appraisal reports. Usually, this grid is set up such that the modifications are made in the proper sequence. Adjustments related to transactions are made initially. Transactional adjustments are caused by variations in ownership, financing circumstances, and sale terms.
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