Complete Real Estate Appraisal Toolkit

This model serves as a complete real estate appraisal toolkit with the ability to calculate property values utilizing various income, comparable, and cost approaches. The model is dynamic with the ability to generate values based on a users unique inputs.

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Video Overview:

This model serves as a complete real estate appraisal toolkit with the ability to calculate property values utilizing various income, comparable, and cost approaches. The model is dynamic with the ability to generate values based on the user’s unique inputs. Direct capitalization and yield capitalization (DCF) valuation methodologies are utilized for the income approach. Sales comparison and adjusted sales comparison are utilized as the comparison approaches. The adjusted sales comparison approach allows users to quantify unique custom and subjective property factors to make a more educated comparable basis for a subject property. The cost approach uses the replacement cost methodology with inputs for building cost, depreciation, and land value. The model is organized and easy to use for generating quick appraised values. The calculations can be applied to a variety of different use cases.

As an added feature, the model comes with details of each method, including typical use cases, a description of the methodologies, and constraints to be aware of when using the various approaches. The descriptions will help users better understand the application of the model as well as the output.

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