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The subject is a small industrial property in a small town. Reconcile the data in the following sales comparison grid. Are the adjustments correct? If
The subject is a small industrial property in a small town. Reconcile the data in the following sales comparison grid. Are the adjustments correct? If you made the adjustment for age of improvement larger, what would be the effect? If the market conditions (time) adjustment were larger, would it influence the analysis? Comparable 4 137 E. Maryland 1258 S.Meridian 2120 S. Meridian 125 W. Maryland Street cash to seller cash to seller 0.0% arm's-length 0.0% $55,000 repairs $1,370,230 1,050,525 8 S Meridian 1-story/avg masonry/avg. masonry/avg. av 2 0.0% masonry/avg. 0.0% masonry/avg. Improvement condition Above-ground building area Basement area (sq. ft.) Industrial I-3 5 5.0% Industrial 1-5 Indicated value per sq. ft.building w/land The subject is a small industrial property in a small town. Reconcile the data in the following sales comparison grid. Are the adjustments correct? If you made the adjustment for age of improvement larger, what would be the effect? If the market conditions (time) adjustment were larger, would it influence the analysis? Comparable 4 137 E. Maryland 1258 S.Meridian 2120 S. Meridian 125 W. Maryland Street cash to seller cash to seller 0.0% arm's-length 0.0% $55,000 repairs $1,370,230 1,050,525 8 S Meridian 1-story/avg masonry/avg. masonry/avg. av 2 0.0% masonry/avg. 0.0% masonry/avg. Improvement condition Above-ground building area Basement area (sq. ft.) Industrial I-3 5 5.0% Industrial 1-5 Indicated value per sq. ft.building w/land
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