analyzing sales


The valuation standard consists of 4 elements:

  1. investigating comparable sales/rental properties

  2. selecting the suitable analytical approach

  3. applying selected analysis techniques to market evidence

  4. analysing market trends and other factors.


INVESTIGATING COMPARABLE SALES/RENTAL PROPERTIES

The valuer's continual quest is to find and adjust comparable sales for use in determining market value. Sales evidence can be classified as follows:


See primary sources of information

See secondary sources of information

See tertiary sources of information




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