Discussion 12
Discussion 12: Sales Comparison in Action
Unit 12: Sales Comparison Approach
Title: Why Comparables Matter
Instructions:
The sales comparison approach relies heavily on accurate comparables. Lets explore how appraisers use them.
In your post, include:
- Why do appraisers adjust the price of comparables instead of the subject property?
- Whats the most challenging adjustment to determine (e.g., location, time, features)? Why?
- What is paired sales analysis? And is this easy to extract from the data.
- What does an appraiser mean by saying “did you look at comp 4 in the grid”
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