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SALES COMPARISON
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<br />ITEM SUBJECT COMPARABLE 1 COMPARABLE 2 COMPARABLE 3
<br />ADDRESS 16890 Bison 8320 174th :5822 158th ave 14794 Krypton
<br />SALES PRICE $325,000 $251,665 $261,500
<br />PRICE/GLA $229 '$0 $156 $(~ $176
<br />ADJUSTMENTS DESC. DESC. +/- $ ADJ DESC. +/- $ ADJ DESC. +/- $ Al-
<br />FINANCING
<br />CLOSE DATE/TIME Jul-00 $11,900 Aul~-00 $7,400 Oct-00 $3,8C
<br />LOCATION/ good good good good
<br />EXPOSURE
<br />SITE/VIEW )ond 5acre good avg $35,000 avg $35,0(
<br />DESIGN/APPEAL 2story 2story 2story 2story
<br />CONST. QUALITY excellent excellent good $10,000 good $10,0(
<br />AGE ." 7i 11 $4,000 I ($7,000) 6 ($1,00(
<br />CONDITION excellent excellent
<br />ROOMS ABOVE TOTAL 7 TOTAL 8 ($2,000) TOTAL 9 TOTAL 9 ($2,00i
<br />GRADE BDRM 3 BDRM 3 BDRM 5 BDRIVl 5
<br /> BATH 3 BATH 4 BATH 3 BATH 4
<br />GROSS LVG AREA 1,54~ 1,420 $8,960 1,613 ($4~600 [.,485 $7,0C
<br />BASEMENT fifll full full
<br />FINISttED BSMT nailed shtrkwalls 1,400 ($26,500) none $1,500 548 ($10,901
<br />HEATING/COOLING fa/ca fa/ca fa/ca fa/ca
<br />GARAGE 1,05fi 938&tu triple ($12,300) 856 $3,000 748 $6,1~
<br />PORCHES/PATIOS covered porch small ent porch $10,000 none $10,000 large scp $5,0C
<br />POOLS/ETC.
<br />FIREPLACE (S) fpl fpl fpl fpl
<br />OTIIER (UPDATE, extensive avg landscaping no $2,000 avg landscaping no 2000 avg Im~dscaping
<br />LANDSCAPING, ETC. landscaping deck deck walkout deck no 3000 deck walkout
<br /> walkout walkout
<br />NET ADJUSTMENT ($3,940) $55,300 . $53,0~
<br />INDICATED VALUE $321,060 $306,965 $31
<br />OF SUBJECT
<br />
<br />COMMENTS ON SALES COMPARISON: _comp 2 & 3 site adj due to the subjects superior mew and size
<br />
<br />INDICATED VALUE BY SALES COMPARISON APPROACH .............................................. $ 319,000_
<br />ESTIMATE OF MARKET VALUE AS OF JANUARY 2 ..................................................... $ 319,000_
<br />APPRAISERS SIGNATURE PIN R09 32 25 32 0006_
<br />NAME Don Lovstad
<br />DATE 4/10/01
<br />
<br />The Scope of the appraisal includes irispecting the subject property, considering market trends, collecting and
<br />analyzing pertinent data, developing an opinion of the subject property's estimated market value. The appraisal has
<br />been developed utilizing only the Sales Comparison Analysis, which is considered most relevant for residential
<br />property appraisals as it reflects the actions of typical buyers and sellers in the market place. The cost approach,
<br />income approach and highest and best use valuation are excluded as they are not necessary to develop a credible
<br />estimated market value, thereby invoking the departure provision as permitted by the Uniform Standards of
<br />Professional Appraisal Practice (USPAP).
<br />
<br />flSALECOM P.DOC
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