There Are Numerous Tables on the Following Pages. Adjust the Table and Label to Apply
Total Page:16
File Type:pdf, Size:1020Kb
There are numerous tables on the following pages. Adjust the table and label to apply to the case study problem. Paired Sales
Cost Approach
Extraction Method
Value Rounded
Paired Sales
Description Comparable Comparable Sales Comparison Grid
Subject Property Comparable Comparable Comparable
Address:
Sale Price
Description Description +(-)$ Description +(-)$ Description +(-)$
Adjust Adjust Adjust
Source
Property Rights
Financing
Conditions Of Sale
Market Condition
Cost Approach
Current Construction Cost Estimate Based on Cost Service
Dwelling
Base
Basement (allocated to GLA)
Total Base Cost
Adjustments:
HVAC
Fireplace
Appliance package
Adjusted Total
Multipliers:
Shape multiplier
Local multiplier
Current multiplier
Architec multiplier
Base cost
Size ( sq. ft.)
Current Construction Cost Extraction-Method Estimate
Sale Sale
Sale price
Minus: Site value
Cost of improvements
Gross living area
Cost new per square foot Functional obsolescence
Functional obsolescence due to lack of
Market value added for a
Current construction cost -
Less: Construction cost if installed during construction
Functional obsolescence
Cost approach value
Cost approach value
Replacement cost new
Less: Depreciation ( %)
Plus: Contributory value of site improvements
Plus: Site value estimate
Value indication by the cost approach
Value rounded Rental Grids
Monthly rent Annual rent Occupancy Location Site area Typical monthly expense Bed/Bath count
Net Rents (monthly) Rent Variation for Location
Gross Rent Multiplier Calculation
Multiplier Analysis: Sale Sale Sale Sale Neighborhood Price Monthly Rent GRM
Zoning requirements
Zoning requirements
Lot area
Lot width
Front yard setback
Side yard
Rear-yard-garage setback
Rear-yard-dwelling setback Ideal Improvement
Ideal Improvement
Item Ideal Market Subject Impact
Gross living area
Number of Bedrooms
Number of Bathrooms
Car Garage