Price per Square Foot & Comparable Screening
This lesson is part of the course
In this lesson
You compute price per square foot for eight recent sales, screen them by distance, age of sale and size, and get a first rough value for the subject from the usable comps.
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Lessons in this course
- Price per Square Foot & Comparable Screening Locked
- The Sales Comparison Grid: Line Adjustments for Size, Bedrooms, Garage & Condition Locked
- Market-Conditions (Time) Adjustments: A Monthly Rate from a Paired Sale Locked
- Net & Gross Adjustment Percentages: Flagging Weak Comparables Locked
- Reconciliation: Weighting the Comps into One Value Locked
- The Cost Approach: Replacement Cost − Depreciation + Land Locked
- The Income Approach: Gross Rent Multiplier & Cap Rate Locked
- Final Reconciliation, Value Range & Report Summary (with a Chart) Locked