Methodology
WORKING NOTE · REVISED [DATE]
How I Value a Property
Every engagement begins with a written valuation. This note sets out the method behind it: how comparables are selected, how adjustments are made, how thin comparable sets are handled, and how land residual value is approached.
1.0
Comparable Selection
[ PLACEHOLDER — Selection criteria to be supplied by ADG: search radius and boundary logic, time window, structural and lot-size bounds, treatment of off-market and auction sales. ]
| Comparable | Distance | Closed | $ / SF |
|---|---|---|---|
| [COMP A] | [0.0 mi] | [MM/YY] | [$000] |
| [COMP B] | [0.0 mi] | [MM/YY] | [$000] |
| [COMP C] | [0.0 mi] | [MM/YY] | [$000] |
Table 1 — Sample comparable set layout. Data to be supplied per engagement.
2.0
Adjustments
[ PLACEHOLDER — Adjustment method to be supplied by ADG: how condition, lot, finish level, and time-of-sale adjustments are quantified and documented; how each adjustment is tied back to observed spreads in the comparable set. ]
| Adjustment | Basis | Amount |
|---|---|---|
| [CONDITION] | [BASIS] | [+/− $] |
| [LOT] | [BASIS] | [+/− $] |
Table 2 — Sample adjustment schedule layout.
3.0
Thin Comparable Sets
[ PLACEHOLDER — To be supplied by ADG: how the method widens the search in time or geography when fewer than N usable comparables exist, how uncertainty is stated in the written valuation, and when a valuation range replaces a point estimate. ]
4.0
Land Residual Value
[ PLACEHOLDER — To be supplied by ADG: how finished value, construction cost, and required margin combine to a residual land value for raw parcels and teardowns; how zoning, setback, and buildable-area constraints enter the estimate. ]
The written valuation for your property follows this structure. Request one before you list or before you offer.
Start a Conversation