If you don’t adjust your comparable sales to your property you might as well stay home.  Adjustments include Neighborhood, Class, Effective Age, Size, Condition and Pool.

Here we’ll discuss Neighborhood.

Differences in Neighborhood generally are obvious and often coincide with natural barriers, major streets, subdivision lines, housing styles, city limits or school district lines.  Your Appraisal District website will show in which Neighborhood a property is located; your comparable sales should preferably be in that same Neighborhood.

But ultimately the value of your property will not depend as much on its Neighborhood as on its individual characteristics. These include Class, Effective Age, Size, Condition and Pool.  Search for “Adjustments” to view each.

In this series of Adjustments to Comp Sales we show homeowners how to adjust sales based on the criteria used by appraisal districts.  The most important are:

• Neighborhood
• Size
• Age or Effective Age
• Class
• Condition
• Pool / No Pool

We’ll even show you how to use logic to dispute some of the the districts’ criteria that we think are not realistic.  Search for Adjustments to Comp Sales: Lots and Logic.  You can use our argument when it fits your purpose.

To find each, just search for “Adjustments to Comp Sales” and select each one separately.