Select a subject property that you want to value , land or building.

Choose two valuation methods (Note: sales comparison approach is a compulsory method).

Sales comparison method: Make a comparison between the subject property and the comparable properties.

Identify adjustments items needed for the comparable properties. - Another method either cost approach or income approach. -

Based on your findings, indicate whether the subject propertys price is considered as reflecting the market value of such property in the area or not.