Thursday April 2, 2026 Class #17

 SALES COMPARISON APPROACH

PART 3


Homework for Next Class: 

    Cost Approach

    Textbook Chapters 29 - 31


TODAY:

1) Apply Sales Comparison Approach to: Residential Property 

    - 1354 Beecher Street 30310

2) Apply Sales Comparison Approach to: Retail Building

    - 3338 Clifton Church Rd SE 30316

PART A

  1. Look up subject physical characteristics
  2. Find similar and close sales in the area
  3. Determine the most comparable sales

 




PART B

  1. Adjust the comparables to the subject
  2. Determine the subject's market value using this approach



 

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