Prepare an appraisal report on one subject residential real estate property. The report should present a thorough discussion and analysis of the valuation for the assigned subject project based on sales comparison approach (Please refer to the ppt on “Sales Comparison Approach” for more information about it). Your main job is to collect the information of newly listed subject property and the information of 3-4 recent sold properties similar to subject property (comparables) from the websites. Then conduct a thorough analysis of the subject property’s value using sales comparison approach. The relevant information on subject property and comparable properties could be found at the website providing information on real estate transactions.
Formatting: The report should be approximately 15-20 pages, double-spaced, 12-point font.
At minimum, the report must include:
(1) a Title page,
(2) a Table of Contents,
(3) an Executive Summary [a ½ to ¾ page overall summary of the points raised in the paper],
(4) an Introduction—setting out the material to be examined in the paper,
(5) a Discussion and Analysis section (including the excel table of adjustment), multiple pictures could be displayed within one page for the concern of page limit,
(6) a Conclusions section, and (7) a Works Cited section, listing all secondary sources consulted in preparing the report.