When using the comparable sales approach, where does the adjustment rate come from? Is it a standard rate for an area? or an average rate? or best guess? or ?????
For example, if the comp property is 100 square feet smaller than the subject property and the adjustment is $48 per square foot, then the total adjustment is +$4800.
From where does the $48 in this example come?
Thanks in advance.
2006-11-18
07:09:08
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4 answers
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asked by
Homer J. Simpson
6
in
Business & Finance
➔ Renting & Real Estate