How is the value computed on a Valuation Report?
The value estimate uses scientific methods that employ statistics and mathematics and apply large amounts of data to the Valuation Report for analysis. Properties are compared to one another, and to the subject property for similarities and differences. Based on the data comparison, the model utilizes some properties and discards others in its assessment. For example, if the subject property is 2,500 square feet and one of the sales has 6,000 square feet, that sale may be discarded because of its dissimilarities.
