Reconciliation: Weighting the Comps into One Value
This lesson is part of the course
In this lesson
You weight the three adjusted prices by how little they had to be adjusted, reconcile them into one value, round it and measure how tightly the comps agree.
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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