Dallas-Fort Worth Real Estate Investor Club

TAD appraisal methods

  • 13 Apr 2018 3:48 PM
    Message # 6098327

    TAD produces a Comparables Report for each account. The attached document from TAD provides a little detail into their methods. The attached Excel spreadsheet is something I put together to play "what-if" and produce an alternate Comparables Report based on their same methods. The thought being, it is harder for someone to dismiss results obtained by using the same process and methods they used. The green fields are for USER DATA ENTRY.

    QUALITY, CONDITION, NEIGHBORHOOD, SUBDIVISION, FEATURES 

    There are enough subjective knobs and levers to twist and turn in their methodology to make the "Indicated Value" for a $100K home come out anywhere from $50K to $200K. 

    I like the idea of beating TAD over the head with their own dull tools!




    2 files
    Last modified: 13 Apr 2018 4:09 PM | rockne ardoyno
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