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5 Gross living area 1900 Basement 0 Finished below grade 0 Heating and cooling GFA/Cent AC Garage/Carport 2 car/at/gar Patios/Decks/Porches, etc.
Improvement age 55 years old Condition Fair Above Grade Total Bdrms Baths room count 8 4 2 Gross living area 2,300 Basement area 0 Basement finished area 0 Functional utility Average Heating and cooling GFA/cent AC Garage/carport 2 car/dt/gar Porch, patio, deck Porch Other 1 Fireplace Net adjustment Adjusted sale price of comparable Comparable 1 Sale price $295,000 Value adjustments Description Adjstmnt Sales or financing New mortgage with concessions no concessions Date of sale 5 months ago (3,700) Location Longacre -- Leasehold Fee simple -- Site 59 x 128 -- View Residential -- Design and appeal 2 story/avg.
He defines gross living area (GLA) as continuous finished living area.
Through reconciliation, determine whether there is a significant difference between the values (as measured by gross living area per square foot) in group 1 versus group 2, and if so, decide what this amount should be.
l] where l = 1 to 2 A = Acres L = Gross living area in square feet B = Adjusted building class R = Number of bathrooms n = Number of time increments m = Number of amenities represented by dummy variables tns = Distance in miles north of origin tew = Distance in miles west of origin [D.
A California MAI-designated appraiser recently explained that the reason he demands that all of his residential appraisers measure homes down to the specific inch in every dimension is: "There is so little of what we do today that is scientifically absolute, I want the gross living area objectively supported.
The policy states that the listed size of a house is to be the gross living area (GLA) as defined by the Federal National Mortgage Association (Fannie Mae).