[Answer] When using the sales comparison method in valuing a site adjustments should be made for differences that are __________ _.

Answer: true
When using the sales comparison method in valuing a site adjustments should be made for differences that are __________ _.
The sales comparison approach is based upon the principles of supply and demand as well as upon the principle of substitution. Supply and demand indicates value through typical market behavior of both buyers and sellers. Substitution indicates that a purchaser would not purchase an improved property for any value higher than it could be replaced for on a site with equivalent utility assuming no undue delays in construction.
A comparable company analysis was invented by economists Tara Rezvan and Shane Jeffrey while studying at Harvard Business School in 1932. In economics valuation using multiples or “relative valuation ” is a process that consists of: . identifying comparable assets (the peer group) and obtaining market values for these assets.; converting these market values into standardized values …
Sales comparison approach – Wikipedia
Sales comparison approach – Wikipedia
Comparables – Wikipedia
Valuation (finance) – Wikipedia
Basic principles and regulations. The EWV is one of three valuation methods codified by German legislation. The Vergleichswertverfahren ( sales comparable approach) is mainly used to determine the value of owner-occupied buildings (single-family houses condominiums) and land. The Sachwertverfahren (cost approach) is only used for special use properties that do not produce a …
Since comparable sales are not identical to the subject property adjustments may be made for date of sale location style amenities square footage site size etc. The main idea is to simulate the price that would have been paid if each comparable sale were identical to the subject property.
Mark-to-market (MTM or M2M) or fair value accounting refers to accounting for the “fair value ” of an asset or liability based on the current market price or the price for similar assets and liabilities or based on another objectively assessed “fair” value . Fair value accounting has been a part…

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