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