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  • Tuna Rem214

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    EMMANUEL JASON CASAS
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    The document discusses methods for adjusting comparable properties when using the sales comparison approach for real estate appraisals. It states that comparable property sale prices must be adjusted to account for differences compared to the subject property. If a comparable property is superior, its sale price is subtracted from; if inferior, its price is added to. It provides an example of adjusting for differences in bedrooms, bathrooms, garages, and fireplaces between a subject property and two comparable properties.

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    TUNA_REM214

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    The document discusses methods for adjusting comparable properties when using the sales comparison approach for real estate appraisals. It states that comparable property sale prices must be adjusted to account for differences compared to the subject property. If a comparable property is superior, its sale price is subtracted from; if inferior, its price is added to. It provides an example of adjusting for differences in bedrooms, bathrooms, garages, and fireplaces between a subject property and two comparable properties.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    10 views5 pages

    Tuna Rem214

    Uploaded by

    EMMANUEL JASON CASAS
    The document discusses methods for adjusting comparable properties when using the sales comparison approach for real estate appraisals. It states that comparable property sale prices must be adjusted to account for differences compared to the subject property. If a comparable property is superior, its sale price is subtracted from; if inferior, its price is added to. It provides an example of adjusting for differences in bedrooms, bathrooms, garages, and fireplaces between a subject property and two comparable properties.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 5

    REM214

    REAL ESTATE APPRAISAL


    METHODS

    KATRINA KARAL O. TUNA


    ADJUSTING COMPARABLES

    In estimating values using Sales comparison, the comparables' sales prices


    should are adjusted, which is to account for the competitive differences as
    compared to the subject property. In adjusting comparables, the subjects'
    value is unknown, while the sale prices of the comparables are given.
    TAKE NOTE!!!
    CBS-CIA

    IF THE COMPARABLE IS
    BETTER, SUBTRACT.

    IF THE COMPARABLE IS
    INFERIOR, ADD.
    A subject property has three bedrooms, one bath, an attached 2 car
    garage and no fireplace. It has forced hot air heat.

    COMPARABLE A has 4 bedroom, 2 bath with an attached 2 car


    garage. It has a 1 fireplace, hot water heat & sold 2 years ago for
    P172,500.

    COMPARABLE B has 3 bedroom, 1 bath with a 2 car attached garage.


    No fireplace and has forced hot air heat. Sold recently for P160,850.
    PARTICULARS SUBJECT COMPARABLE A COMPARABLE B

    SELLING PRICE - P172,500 P160,850.

    BEDROOM 3 4 3

    BATH 1 2 1

    GARAGE 2 car attached garage same same

    FIRE PLACE non 1 same

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