Sentences with phrase «comparable sales method»
4 unit properties are best valued using a comparable sales method.
https://www.biggerpockets.com/ Not exact matches
Although different methods of calculating retail sales mean that these numbers are not directly comparable, they all translate the same tone: Sales will good, but not gsales mean that these numbers are not directly comparable, they all translate the same tone: Sales will good, but not gSales will good, but not great.
This method uses market data, including the sales prices of nearby comparable properties, to calculate market value.
The comparable sales approach is the most important valuation method in the appraisal because a property is worth only what a buyer is willing to pay and a seller is willing to accept.
«Other home valuation methods are based largely on historical comparable sales,» says HouseCanary CEO Jeremy Sicklick.
«Other home valuation methods are based largely on historical comparable sales,» explains HouseCanary CEO Jeremy Sicklick.
Opinion or estimate of a value of a property, values are determined by one of three methods: comparable sales (residential), replacement cost (insurance), or income approach (commercial).
cash equivalent value: A method of calculating the appraised value of a property that considers sales and financing concessions when evaluating comparable properties.