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A 1 Comp Sales Comparable Sales Analysis Form

A 1 Comp Sales Comparable Sales Analysis Form

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Instructions and help about A 1 Comp Sales Comparable Sales Analysis Form

welcome to sales comparison approach this video was sponsored by three wise teachers and created by Samar Shakir the sales comparison approach is calculated by comparing the subject property which is the property being estimated to at least three comparable properties factors for selecting comparable properties are the date of sale property location physical attributes and terms and conditions of the sale now let's look at an example and this problem we need to calculate the property value estimate for the subject property the features of the subject property are three bedrooms 1,100 square feet and a fireplace since neither the values for the square footage or the fireplace have been provided they will need to be calculated compare comp 1 and 2 they are the same except for the square footage there's a $5,000 difference in price and 50 square foot degrees to calculate the price per square foot divide $5,000 by 50 square feet which equals $100 per square foot next compare comps 2 & 3 th

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