I'm wondering if we could develop a tool that integrates paired sales analysis with iterative computational methods to help determine appraisal adjustments. This tool would refine adjustments for factors like GLA, lot size, quality, condition, garage stalls, and basement area. Users could manually adjust variables to expand the datasets available, which would provide additional paired sales.
For instance, if you're low on nearby similar recent sales, you could modify the tool's settings to include nearby sales that you may have typically ignored because of a larger lot size but by adjusting tolerances within the tool by an adjustable margin say 5-6%—you could have some extra data points in your paired sales analysis.
By altering these tolerances, the tool iteratively refines the dataset, adding homes that were initially excluded due to minor differences. Users could adjust these difference through a slider or percentage input, which would increasing the number of paired sales included in the analysis.
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Kevin Hawkins
Thank you for your feedback. We will take a look at this. If we have any questions, we may contact you directly
Taylor Smith
I'm wondering if we could develop a tool that integrates paired sales analysis with iterative computational methods to help determine appraisal adjustments. This tool would refine adjustments for factors like GLA, lot size, quality, condition, garage stalls, and basement area. Users could manually adjust variables to expand the datasets available, which would provide additional paired sales.
For instance, if you're low on nearby similar recent sales, you could modify the tool's settings to include nearby sales that you may have typically ignored because of a larger lot size but by adjusting tolerances within the tool by an adjustable margin say 5-6%—you could have some extra data points in your paired sales analysis.
By altering these tolerances, the tool iteratively refines the dataset, adding homes that were initially excluded due to minor differences. Users could adjust these difference through a slider or percentage input, which would increasing the number of paired sales included in the analysis.