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AC 150/5100-11 APPENDIX 4 Page 6 cated value of subject." This will be done on a whole property to whole property comparison. a. Correlation: The various value indications shall be correlated into a "Final Conclusion of Value." The purpose of correlation is to lead the reader through the appraiser's thought processes to a logical value conclusion. b. Breakdown of acquisition: The final conclu- sion of value will be broken down into the various elements contributing to total property value. 4. Page 4—Market Data: In the presentation of market evidence in this abbreviated form, the ap- praiser and reviewer are reminded that all general concepts and provisions relating to good appraisal practices and factual reporting and confirmation of evidence are applicable and in force. For ease of use by the appraiser, appraisal re- viewer and negotiator, the market data sheets developed for this form are designed to conform closely with the sheet to be used in reporting the factual description of the subject property. The items of comparison emphasize the buyers and sell- ers approach to transactions for transfer of resi- dential properties and unimproved sites. Overall utility, degree of site development, visual appeal, salability, livability and functionality are stressed (rather than cost, overall size of site or building, purely physical aspects, etc.) . 9'4 The market must be closely analyzed for these items of comparison, and sales evidence requiring minimum adjustments, if any, re lied upon for value conclusions. Where applicable, each block of this form must be considered carefully and checked. Special items considered by the appraiser to bear upon the value conclusion, anc, for which blocks have not been included, must be reported under remarks or on the sketch (water ((frontage, trackage, soils classification, timber, etc.) . a. Plot plan sketch: As a minhnum requirement, the sketch must show clearly: (1) The direction of North by an "arrow." (2) Access to site and improvements. (3) Site dimensions, area and shape. (4) Location of improvement; on the site. (5) Dimensions and area of all improvements contributing to value. (6) Inention and area of alleys and easements. (7) Position from which photDs are taken. b. Photographs: Photographs of the site and im- provements must be included and identified and will be securely fastened along one edge over the Plot Plan Sketch in such manner as to allow the pic- ture to be lifted to reveal the sketch. 5. A sales map will be included in each appraisal, following the last Market Data sheet.