paired sales

An appraisal technique used to find the value of a particular feature within a property, such as a two-car garage.If the appraiser can find two recently sold houses that are virtually identical except that one has a two-car garage and one does not, these are called paired sales. If the two-car garage is the only significant difference in the two,then the difference in the sale price must be attributable to the garage.In that manner,one may assign a value to a two-car garage.As a result, when employing the comparable sales method of appraising a house, the appraiser may confidently assign values to the various features that differ in the house under consideration from the houses that sold recently.

单词	paired sales
释义	paired sales paired sales An appraisal technique used to find the value of a particular feature within a property, such as a two-car garage.If the appraiser can find two recently sold houses that are virtually identical except that one has a two-car garage and one does not, these are called paired sales. If the two-car garage is the only significant difference in the two,then the difference in the sale price must be attributable to the garage.In that manner,one may assign a value to a two-car garage.As a result, when employing the comparable sales method of appraising a house, the appraiser may confidently assign values to the various features that differ in the house under consideration from the houses that sold recently.
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