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Solve for missing sections in red for Sales Comparison Adjustment Grid. (a) Solve for % adjustment for Market Conditions. (b) Solve for % adjustment for
Solve for missing sections in red for Sales Comparison Adjustment Grid.
(a) Solve for % adjustment for Market Conditions.
(b) Solve for % adjustment for Physical Characteristics (Square Footage Size)
Property Subject Comp 1 Comp 2 Comp 3 $39,000 $0.60 Price $28,500 $0.88 $30,000 $0.55 SP/SF Transactional Adjustments Real Property Rights Fee Simple Fee Simple 0% 0.55 Cash Basis 096 0.55 Arm's Length 0% 0.55 None 0% 0.55 2 Months Ago 1 year 5 months1 Year 3 months 7% Fee Simple 096 0.88 Cash Basis 0% 0.88 Arm's Length 0% 0.88 None 0% 0.88 Fee Simple 0% 0.60 Cash Basis 0% 0.60 Arm's Length 096 0.60 None 0% 0.60 Adjusted SP/SF Financing Terms Assume Cash Adjusted SP/SF Conditions of Sale Arm's Length Adjusted SP/SF Expenditures Made After Purchase Adjusted SP/SF Market Conditions None Current ?9% 7% Adjusted SP/SF Property Adjustments Location Hales Chapel Rd. Hales Chapel Rd. Hales Chapel Rd. Hales Chapel Rd 096 096 54450 SF 7% 096 096 096 0% Physical Characteristics Size: 37026 SF 47480.40 SF 44431 20 SF Economic Characteristics Legal Characteristics Non-Realty Components of Value None None None 0% 0% 096 0% 096 Net Adjustment Property Subject Comp 1 Comp 2 Comp 3 $39,000 $0.60 Price $28,500 $0.88 $30,000 $0.55 SP/SF Transactional Adjustments Real Property Rights Fee Simple Fee Simple 0% 0.55 Cash Basis 096 0.55 Arm's Length 0% 0.55 None 0% 0.55 2 Months Ago 1 year 5 months1 Year 3 months 7% Fee Simple 096 0.88 Cash Basis 0% 0.88 Arm's Length 0% 0.88 None 0% 0.88 Fee Simple 0% 0.60 Cash Basis 0% 0.60 Arm's Length 096 0.60 None 0% 0.60 Adjusted SP/SF Financing Terms Assume Cash Adjusted SP/SF Conditions of Sale Arm's Length Adjusted SP/SF Expenditures Made After Purchase Adjusted SP/SF Market Conditions None Current ?9% 7% Adjusted SP/SF Property Adjustments Location Hales Chapel Rd. Hales Chapel Rd. Hales Chapel Rd. Hales Chapel Rd 096 096 54450 SF 7% 096 096 096 0% Physical Characteristics Size: 37026 SF 47480.40 SF 44431 20 SF Economic Characteristics Legal Characteristics Non-Realty Components of Value None None None 0% 0% 096 0% 096 Net AdjustmentStep by Step Solution
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