SALES_COMPARISON_APPROACH

Description
Information about the results of the sales comparison approach to value developed by the appraiser. This approach compares the characteristics of similar properties to the subject property. The process uses recognized techniques to adjust the prices of the comparable properties according to the presence, absence, or differences in characteristics.

Type : SALES_COMPARISON_APPROACH

Definition
Information about the results of the sales comparison approach to value developed by the appraiser. This approach compares the characteristics of similar properties to the subject property. The process uses recognized techniques to adjust the prices of the comparable properties according to the presence, absence, or differences in characteristics.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Elements
EXTENSION
SalesComparisonCommentDescriptionA free-form text field used to describe or comment on the Sales Comparison approach in evaluating the subject property.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
SalesComparisonValuePerBedroomAmountThe dollar value of a bedroom as indicated by the Sales Comparison approach to property valuation.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
SalesComparisonValuePerGrossBuildingAreaAmountThe dollar value per square foot of living area as indicated by the Sales Comparison approach to property valuation.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
SalesComparisonValuePerRoomAmountThe dollar value of a room as indicated by the Sales Comparison approach to property valuation.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
SalesComparisonValuePerUnitAmountThe dollar value of a living unit as indicated by the Sales Comparison approach to property valuation.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
ValueIndicatedBySalesComparisonAmountThe dollar value of the subject property indicated by the Sales Comparison approach.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".

Attributes
label

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\SERVICES\SERVICE\VALUATION\VALUATION_RESPONSE\VALUATION_REPORT\APPROACH_TO_VALUE