The data reported in this area should be based on comparable properties that are located within the subject’s neighborhood.
Any property that is not comparable or is not located in the subject’s neighborhood should not be included. Determination of what properties are “comparable” is based on an appraiser’s training, judgment and experience. It is impossible to provide definitive parameters to use in all cases. For example, in some cases, a one story home may be comparable to and compete with a two story home. In other cases, a two story home might not be considered comparable to a one story home.