This is a teaching tool, not an appraisal. It illustrates how appraisers adjust comparable sales to demonstrate the method. It is not a valuation, not an appraisal, and must not be relied upon as an opinion of value. No value is stated or implied.
▶ Adjustment settings: example rates, change them to see how value moves
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These are example rates for teaching, not River Oak’s adjustments. Real adjustments come from local market data and vary by neighborhood, price range and property type.
Enter the subject and up to three comps. Adjustments calculate automatically from your settings, and you can type over any adjustment to override it. Superior comps adjust down, inferior adjust up. The comp needing the least total (gross) adjustment is highlighted green as the most similar.
This is a teaching illustration prepared by River Oak Appraisals to demonstrate how comparable-sales adjustments work. It is NOT an appraisal or an opinion of value and must not be relied upon as one.
Need the real thing?When you need an actual appraisal, River Oak Appraisals is here to help.