adjustments

anyone use single / linear regression analysis for determining GLA adjustment (after netting out site and then using cost/sf as the independent variable)? thoughts on reliability and process?

The subject property is facing a canyon across the street and there are two bedrooms on the 2nd floor level that have a view of the canyon if you stand up and look out the window. The listing agent is very adamant that this constitutes a view. I have no comparables in the subject neighborhood...

I noticed that a lot of appraisals that I have reviewed in my area (San Diego), the appraisers typically apply a $1-$3 adjustment per a square foot of land. The value of land is not $1 a square foot anywhere in San Diego. I am working on an appraisal over an acre and a reconciliation of the...

Hello, I am appraising a non-arms length transaction among friends for a reputable lender. The custom built home sits on a little over an acre and has a little over 3,500 GLA. It is in a solid C4 condition. There is only one comp that I found in the market area that has a tennis court and it is...

Good morning everyone. I am a real estate agent from South Texas and I have a question. If you have a property that was built in 1904 but remodeled in 2005 and the only comps you can find are things built in the 80s in the 90s how do you adjust for the age? While the property was built in 1904...

Working on an AS-IS/ARV appraisal report and my best comp that is a few houses down recently sold through a wholesaler. MLS states that the property sold for $115,000. County Tax Records state that the property sold for $99,000. Under the seller concession area on MLS the realtor states...

I just wanted to get some opinions on how other appraiser adjust for condition or for how many updates a property has. How do other appraiser adjust when an older property , perhaps 60 years old, but was updated say 10 years ago vs adjusting for a property that is only 15 years old and hasn't...

I have an appraiser I work with, he is in New York City, I am in San Diego. He is writing a report on a multi-level apartment building than I am reviewing. In his Sales Comparison approach he states 'he determined no adjustments were necessary' and his sales grid shows all zeros. Then, on a...

Would like advice how outbuildings are valued or adjustments are made for when a matched pair analysis can't be completed. With outbuildings varying so much in size, quality of materials, etc how do you come up with a adjustment. Thank you.