Units of Comparison
The SCA relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, distance to amenities, number of bathrooms, lot size, age of the property and condition of property.
Read more about this topic: Sales Comparison Approach
Famous quotes containing the words units and/or comparison:
“Even in harmonious families there is this double life: the group life, which is the one we can observe in our neighbour’s household, and, underneath, another—secret and passionate and intense—which is the real life that stamps the faces and gives character to the voices of our friends. Always in his mind each member of these social units is escaping, running away, trying to break the net which circumstances and his own affections have woven about him.”
—Willa Cather (1873–1947)
“What is man in nature? A nothing in comparison with the infinite, an all in comparison with the nothing—a mean between nothing and everything.”
—Blaise Pascal (1623–1662)