Summary of Sales Comparison Approach
#2 comp land value is less that subject due to value of subject site #3 value of 2.5 higher than subject site to to view and appeal #3 was older and required age and condtiion adjustment #4 shop was larger superior quality and insulated #5 comp was superior in quality , newer with no shop.
Reconciliation
The sales comparison analysis was relied on in the final estimate of value
Comments
The appraiser is not an environmental inspector nor a professional house inspector. It is always advised that an individual obtain a professional inspection
The viewing appraiser only made a visual inspection of assessible areas and the appraisal cannot be relied upon to disclose conditions and /or defects in the property.
The intended user of this report is Department of Veteral affairs and the intended use is for loan purposes through Va intended users. The purpose of this appraisal is to establish a market value for the fee simple interest of the subject property as of the date of the appraisal for loan purposes only, not for insurance purposes.
The appraisal has been prepared in conformity with the code of ethics of the National Association of Independant Fee Appraisers.
The scope of work in this appraisal is to have walk thru viewing of the subject, locate comparable sales, analyze sales and cost data and income data ( if applicable ) and compare to the subject to arrive at market value.
I have considered relevant listings and or contract offerings in the performance of this appraisal and in the trending information reported in this section. If a trend is indicated, I have attached an addendum providing relevant competitive listings/contract offering data.
Adequate?
