Key Areas of the Appraisal Report

Market conditions

Appraiser analyses the market and rates for declining or stable or increasing

Property conditions

Rate 1of 6 condition codes and description

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Rates

sales comp analysis

Narrative of comp selection and significant adjustments. Reconciliation of the three approaches to value: sales, income, and cost.

Opinion of value

The appraised value taken from the sales gird range of adjusted sales price.