It is appraisers job to interpret the real estate market. They do this by analyzing data to develop an opinion of value. the appraisers job is to provide objective, impartial and unbiased opinions about the value of real property to those who own, manage, sell, invest in and or lend money on the security of real estate.
Appraisers use sales analysis on the URAR (Uniform Residential Appraisal Report) form. Below is a cheat sheet for common adjustments to help with comps. This is an estimate for more specifics talk to an appraiser.
Gated $2500
Lot Size $1/sf
View (City) $5000
Garage $2000 per
Patio $1500
Covered Patio $2500
Builtin BBQ $2000
Fireplace $1500
Landscaping (Front or Rear) $2000
Upgraded flooring $5000
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This is useful information for fine tuning the listing price of a property. Good post.