Property Valuation
What is the sales comparison grid in a Nevada residential appraisal?
AA grid mapping comparable sales locations in the neighborhood
BA systematic table comparing the subject property to comparable sales, with itemized adjustments for each difference in features✓ Correct
CA spreadsheet comparing listing prices to final sales prices
DA MLS report showing all sales in the past 6 months
Explanation
The sales comparison grid (adjustment grid) in the URAR systematically compares the subject to each comparable sale, making dollar adjustments for differences in features (size, condition, amenities, location). The adjusted prices of the comparables indicate a range of value for the subject.
Related Nevada Property Valuation Questions
- What is a going-concern value in Nevada commercial appraisal?
- In the income approach, gross rent multiplier (GRM) is calculated as:
- In Nevada, which principle of value states that the value of a property is affected by the values of surrounding properties?
- What is a 'dark store' theory and why is it controversial for Nevada property tax assessments?
- What is a 'market analysis' versus an 'appraisal' in Nevada real estate?
- What is 'eminent domain' value determination and how is 'just compensation' calculated in Nevada?
- What is a capitalization rate and what does a higher cap rate indicate about market risk in Nevada?
- What is a real estate cycle and how has Nevada experienced it?
Practice More Nevada Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nevada Quiz →