OK to average adjusted comps on appraisals?
Appraisal Today
DECEMBER 8, 2023
To Mean, or Not to Mean, That is the Question By Brent Bowen Excerpts: There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to arrive at an indicated value of the subject from the Sales Comparison Approach. The house is like a piece of art.”
Let's personalize your content