Paper
Table of Contents
Subject House……………………………………….pg. 2
Appraisal Letter……………………………………..pg. 3
Comp #1…………………………………………….pg. 4
Comp #2…………………………………………….pg. 5
Comp #3…………………………………………….pg. 6
Sales Comp…………………………………………pg. 7
Cost Replacement Approach……………………….pg. 8
Income Approach…………………………………..pg. 9
Summary Report…………………………………...pg. 10
The Appraisal of
A Single Family Residential Property
Located At:
2210 Longspur Pt
Oxford, MS 38655
Wellsgate
As of May 2, 2013
By: Neal Quirk
Certified Residential Real Estate Appraiser
May 2, 2013
XYZQ Real Estate Company
1234 Main Street
Middle of Nowhere, Somewhere 12345
To Whom It May Concern,
Per your request, I have spent the past month, assessing and appraising the real estate property at:
2210 Longspur Pt
Oxford, MS 38655
The main purpose behind this appraisal is to equate the best market value of said subject property by using three varying comparable sites. The property rights appraised are fee simple interest in the site and improvements.
After much calculation, I have deemed that the estimated market value as of May 2, 2013 is: $????????
The attached information contains all sources, summaries, and descriptions of the fore mentioned comparable sites. Also included is all the data that supports my deductions.
Best Regards,
Neal Quirk
Certified Residential Real Estate Appraiser
Comparable Sale Number 1
2202 Longspur Pt
Oxford, MS 38655
Wellsgate
Sale Price: $490,000
MLS/Source ID: 128858
Comparable Sale Number 2
1232 Water Ridge Dr.
Oxford, MS 38655
Wellsgate
Sale Price: $550,000
MLS/Source ID: 128923
Comparable Sale Number 3
1310 Pelican Loop
Oxford, MS 38655
Wellsgate
Sale Price: $469,000
MLS/Source ID: 129238
Sales Comparison Approach
Cost Replacement Approach
Income Approach
Reconciliation
Summary Report
The subject property chosen is located at 2210 Longspur Point in the subdivision of
Subject House……………………………………….pg. 2
Appraisal Letter……………………………………..pg. 3
Comp #1…………………………………………….pg. 4
Comp #2…………………………………………….pg. 5
Comp #3…………………………………………….pg. 6
Sales Comp…………………………………………pg. 7
Cost Replacement Approach……………………….pg. 8
Income Approach…………………………………..pg. 9
Summary Report…………………………………...pg. 10
The Appraisal of
A Single Family Residential Property
Located At:
2210 Longspur Pt
Oxford, MS 38655
Wellsgate
As of May 2, 2013
By: Neal Quirk
Certified Residential Real Estate Appraiser
May 2, 2013
XYZQ Real Estate Company
1234 Main Street
Middle of Nowhere, Somewhere 12345
To Whom It May Concern,
Per your request, I have spent the past month, assessing and appraising the real estate property at:
2210 Longspur Pt
Oxford, MS 38655
The main purpose behind this appraisal is to equate the best market value of said subject property by using three varying comparable sites. The property rights appraised are fee simple interest in the site and improvements.
After much calculation, I have deemed that the estimated market value as of May 2, 2013 is: $????????
The attached information contains all sources, summaries, and descriptions of the fore mentioned comparable sites. Also included is all the data that supports my deductions.
Best Regards,
Neal Quirk
Certified Residential Real Estate Appraiser
Comparable Sale Number 1
2202 Longspur Pt
Oxford, MS 38655
Wellsgate
Sale Price: $490,000
MLS/Source ID: 128858
Comparable Sale Number 2
1232 Water Ridge Dr.
Oxford, MS 38655
Wellsgate
Sale Price: $550,000
MLS/Source ID: 128923
Comparable Sale Number 3
1310 Pelican Loop
Oxford, MS 38655
Wellsgate
Sale Price: $469,000
MLS/Source ID: 129238
Sales Comparison Approach
Cost Replacement Approach
Income Approach
Reconciliation
Summary Report
The subject property chosen is located at 2210 Longspur Point in the subdivision of