What is the economic rationale for the sales comparison approach? What information is necessary to use this

Question:

What is the economic rationale for the sales comparison approach? What information is necessary to use this approach? What does it mean for a property to be comparable?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

See More Books

Question Posted: Nov 08, 2018 01:18 PM

See More Questions

What is the economic rationale for the cost approach? Under what conditions would the cost approach tend to give the best value estimate?
Why do economists use market values when calculating GDP? What is the economic rationale for giving high-value items more weight in GDP than low-value items?
What are the conditions that create barrier to entry for the new firm under monopolistic competition? What is the economic rationale for creating monopoly (for specified period) by granting patent to...
The presence of magnetic monopoles would require a modification of Gausss law for magnetism. Which other Maxwell equation would need modification?
How fast does a 275-m spaceship move relative to an observer who measures the ship's length to be 155 m?
The accountant for Fanning's Dress Shop prepared the following cash budget. Fanning's desires to maintain a cash cushion of $19.000 at the end of each month. Funds are assumed to be borrowed and...
What are the steps to follow to make decisions about producing products from joint processes?
An investor is thinking about buying some shares of Razortronics, Inc., at $75 a share. She expects the price of the stock to raise to $115 a share over the next three years. During that time, she...
1 Princess Cruise Lines is one the the largest cruise ship companies in the world. It sails to many global destinations and enjoys an unparalleled reputation for hospitality. Two brothers start their...
Reverend john received salary of 29,000, is not exempt for se tax. this includes $3,000 designated as rental allowance for utilities. his church provides a patronage with fair rental value of 7000....
Refer to the effective rent example on page 275 in the book that is replicated in the Ch9 Eff.Rent tab in the Excel workbook provided on the Web site. a. Suppose the CPI is expected to increase by 4...
What is a capitalization rate? What are the different ways of arriving at an overall rate to use for an appraisal?
Calculate the poverty gap for a country in which 80% of the population is below the poverty line of 1 dollar a day. In that country, 20% of the population has a daily income below 20 cents, 15% has a...
Use least square regression to fit a straight line to the following data taken from the conductance (S/m) of a material with respect to temperature (C) of a composite material used to absorb heat....
A pile group consists of nine friction piles in clay soil (see Figure 10-40). The diameter of each pile is 16 in., and the embedded length is 30 ft each. Center-to-center pile spacing is 4 ft. Soil...
The rigid bar EBC is supported by two links AB and CD as shown in Figure 1. The Link AB is made of aluminum (E = 70 GPa) and the link CD is made of steel (E = 200 GPa). Both links have a Width = 30...
a well-insulated storage tank was pressurized under ideal gas conditions by air flowing into the tank. We used the first law to estimate the final temperature of the gas in the tank, Tf,tank- = We...
Transportation of natural gas is commonly done via pipelinesacross long distances. A company uses a 0.6-m diameter pipe totransport natural gas. Then pumping stations are located atdifferent points...
Solve each quadratic inequality. Give the solution set in interval notation. x - 2x 1
Cornell and Roberts are partners who agree to admit Stanley to their partnership. Cornell has a capital balance of $80,000 and Roberts has a capital balance of $120,000. Cornell and Roberts share net...
Joel is the sole shareholder of Manatee Corporation, a C corporation. Because Manatees sales have increased significantly over the last several years, Joel has determined that the corporation needs a...
White Corporation, a calendar year C corporation, manufactures plumbing fixtures. For the current year, White has taxable income [before the domestic production activities deduction (DPAD)] of...
During the current year, Swallow Corporation, a calendar year C corporation, has the following transactions: Income from operations $660,000 Expenses from operations 720,000 Dividends received from...
In the Marriott example, one discussion point considered when a firm might use a single hurtle rather than different divisional or business unit rates. When a single rate is used and the divisions...
Which of the following are elements of a bootstrappable business model? Indicate ALL that apply. Large up-front capital investment Recurring revenue stream Long sales cycles Word of mouth advertising
Hooligan Adventure Supply produces and sells various outdoor equipment. The Molding and Assembly production departments are supported by the Personnel and Maintenance departments. Personnel costs are...

What is the economic rationale for the sales comparison approach? What information is necessary to use this

Question:

Step by Step Answer:

The rationale for the market approach otherwise known as the sal...View the full answer

Real Estate Finance and Investments

Students also viewed these Business questions