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Home Sale Analysis
Commercial comparable sales can be used to influence analysis on a variety of factors and issues to carry out the value of the property. The basic technique is limited to two sales that are identical with the exception of the question, identifying assessed. For example, to determine trends in market value over time, can the selling price of a piece of land at two points in time are compared to determine whether values rise or fall.
The following is a list of some items that can be analyzed using the combined technique: Market Corner versus non-corner Size (land or buildings) Age Location Window air conditioner versus Central air conditioning HVAC system to a cold-water flats Original kitchen versus remodeled kitchen Swimming Apartment building in the 4th Floor versus a condominium on the 20th Story of a high-rise The following are the steps to be run to a matched pair analysis: Find comparable sales identical in all respects except the issue that is currently being evaluated. Locating meaningful data is the most difficult part of the implementation of a matched pair analysis. It is ideal for two or three sets of pairs to a single factor to evaluate. In practice it is often difficult, combined to develop one truly identical.
In many cases it is necessary to make adjustments for an additional item before the matched pair analysis. For example, when comparing an apartment complex with a cold-water system compared to an apartment complex with separate HVACs, it may first need to make adjustments for another factor such as age or size. Evaluate the difference between the selling price combined. The comparison can be performed either on a gross sales price or the use of a base unit (for example) sales per square meter or per unit. Be examined whether the result is meaningful. For example, installing a matched pair of a swimming pool, which shows (which cost about $ 30,000) is 50,000 U.S. dollars on the market value of a house is probably not reasonable. Match pairs can be a valuable tool for assessing the impact of the factors that the market value of real estate. Other options for the analysis of these factors include interviews with brokers, buyers, sellers and other market participants, analysis of the amortized cost differences and differences in the capitalization of the rent.