A value that is calculated by comparing the appraised property to similar properties in the area that have been recently sold.
Related information about sales comparison value:
- What is sales comparison value? definition and meaning
Definition of sales comparison value: A value that is calculated by comparing the appraised property to similar properties in the area that have been recently ...
- Glossary Contents
Sales Comparison - The "Sales Comparison" value indicator on our website is a preliminary value indication as of January 1 of the tax year, based on the sales ...
- Real Reconciliation
of sales comparison value indications? Do I need to ask more questions about the sales used? Do I need more sales to understand the applicable economic ...
- How are comparable values used?- Ask an Appraiser - Appraisers Forum
Appraisers know that lenders like to see a cost value higher than the sales comparison value. So no reconciliation as to why the different and ...
- Emerald | Property Management | Weight regression model from the ...
Design/methodology/approach – Although weighted average of comparables into sales comparison value is commonly applied in the past, most papers only ...
- What is a Legitimate Comparable Sale?
Unless all forms of obsolescence are properly analyzed, the cost approach value may be greater than the sales comparison value, if the subject house is ...
- Property Tax Valuation Concepts - State of North Dakota
reasonably close to the cost or sales comparison value, provided the property is being used properly. It is essential that the assessor consider the potential or ...
- Real Estate Investment Terms and Acronyms – S - CANAREIT ...
Sales comparison value. An estimate of value derived by comparing the property being appraised to similar properties that have been sold recently, applying ...