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While the median that homes sold for clocked in at $383,725 for the four weekings ending Dec. 22, ... the property had most recently changed hands in 2022, when it sold for $20.5 million ...
In practice, the most common SCA method used by estate agents and real estate appraisers is the sales adjustment grid. It uses a small number of recently sold properties in the immediate vicinity of the subject property to estimate the value of its attributes.
Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due. Various techniques may be used to determine value. Except in the case of property recently sold, valuation has some inherently subjective aspects.
House Where Brittany Murphy Died and Britney Spears Felt a Portal to Another Dimension for Sale for $18M ... The late actor’s home was officially sold for $8.5 million nearly one year after his ...
Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...
Disaster creeps closer to her home. 'My house is unsellable': This Pennsylvania woman bought cheap land from the state for $15,000 — but didn't know a previous owner sold it due to a landslide ...