Mary Tiernan
Senior Member
- Joined
- Dec 16, 2003
- Professional Status
- Retired Appraiser
- State
- Michigan
I think I am in Friday evening mode and am just unable to come up with a brilliant closing argument to why my opinion of value is better supported.
In my most professional manner, I have managed to mangle an appraisal which had indicated values ranging $150,000 to $179,000.
My sales grid shows indicated values ranging $147,000 to $149,000. I have used three of the original comps, and provided three additional comps.
Now, in my rural area, there is really no such thing as paired sales analysis, except as provided on the sales grid. Each appraisal is a paired sales analysis, more or less.
Adjustments in the original appraisal were inadequate and applied willy-nilly - my adjustments result in more credible results, as evidenced by the tighter indicated values.
But, how do I express this ? Do I just state "as evidenced by the tighter indicated values?" Or is there a more appraiser-eze way to say it?
Maybe I should just put it aside until tomorrow - no, Monday . . .
In my most professional manner, I have managed to mangle an appraisal which had indicated values ranging $150,000 to $179,000.
My sales grid shows indicated values ranging $147,000 to $149,000. I have used three of the original comps, and provided three additional comps.
Now, in my rural area, there is really no such thing as paired sales analysis, except as provided on the sales grid. Each appraisal is a paired sales analysis, more or less.
Adjustments in the original appraisal were inadequate and applied willy-nilly - my adjustments result in more credible results, as evidenced by the tighter indicated values.
But, how do I express this ? Do I just state "as evidenced by the tighter indicated values?" Or is there a more appraiser-eze way to say it?
Maybe I should just put it aside until tomorrow - no, Monday . . .