Purpose:

Appraisals of two-to-four unit residential properties.

Description:

This report provides analysis of competitive listings, cost approach, an analysis of competitive rents, and a sales comparison analysis. Included in the attachments:

  • A completed operating income statement
  • Subject property photographs including a front, rear and street scene
  • Photographs of the comparable rentals and comparable sales
  • Location map detailing the locations of the subject and all rentals
  • Listings and sales utilized in the report
  • A floor-plan sketch with exterior dimensions and gross living area calculations for each unit
  • Appropriate certifications and limiting conditions