RESIDENTIAL COMPARABLES GUIDELINES
When completing residential evaluations, the following comparables guidelines should be
adhered to. Comparables used that fall outside of these guidelines will require commentary
within the report.
| SUBJECT | COMPARABLES | |
| DISTANCE/LOCATION | Urban | Up to 1 mile |
| Suburban | Up to 3 miles | |
| Rural | Up to 9 miles | |
| YEAR BUILT/AGE | <15 years | Within 10 years |
| 16 – 35 years | Within 12 years | |
| 36 – 65 years | Within 15 years | |
| 66 – 115 years | Within 25 years | |
| 116 – 165 years | Within 40 years | |
| >166 years | Within 90 years | |
| LOT SIZE | <1 acre | Within 1/2 acre |
| >1.01 acre | Within 65% of the Subject lot size | |
| ABOVE GRADE LIVING AREA | <499 sq ft | Within 100% of the Subject AGLA |
| 500 – 899 sq ft | Within 26% | |
| 900 – 3999 sq ft | Within 18% | |
| >4000 sq ft | Within 50% | |
| DATE OF SALE | Urban | Within 6 months |
| Suburban | Within 6 months | |
| Rural | Within 12 months |
RESIDENTIAL PROPERTY CONDITION GUIDELINES
| DESCRIPTION | |
| EXCELLENT | Well maintained and upgraded and/or quality building materials. |
| GOOD | Well maintained and no evidence of deferred maintenance. Some upgrades typical in the market. |
| AVERAGE | Maintained, but evidence of typical wear and tear for age and neighborhood. Some upgrades typical in the market. |
| FAIR | Lacks maintenance and/or minor repairs are needed to bring it into average condition. Repairs needed. |
| POOR | Virtually uninhabitable, siding/shingles missing, dilapidated, overgrown landscaping. Major repairs needed. |