Question
In: Finance
3. Price Related Differential STEP 1 Individual Assessment Sales Ratios Sales Price Assessed Value Assessment Ratio...
| 3. Price Related Differential | |||
| STEP 1 | Individual Assessment Sales Ratios | ||
| Sales Price | Assessed Value | Assessment Ratio | |
| Property 1 | $165,000.00 | $190,000.00 | 115% |
| Property 2 | 145,000.00 | 125,000.00 | 86% |
| Property 3 | 25,000.00 | 20,000.00 | 80% |
| Property 4 | 30,000.00 | 25,000.00 | 83% |
| Property 5 | 25,000.00 | 18,000.00 | 72% |
| Property 6 | 200,000.00 | 170,000.00 | 85% |
| Property 7 | 150,000.00 | 125,000.00 | 83% |
| Property 8 | 135,000.00 | 135,000.00 | 100% |
| Property 9 | 30,000.00 | 22,000.00 | 73% |
| Property 10 | 25,000.00 | 15,000.00 | 60% |
| Property 11 | 25,000.00 | 19,000.00 | 76% |
| Property 12 | 35,000.00 | 28,000.00 | 80% |
| $990,000.00 | $892,000.00 | 90% | |
| STEP 2 | Aggregate Assessment Sales Ratio | ||
| $892,000.00/$990,000.00 | |||
| STEP 3 | Average Deviation | ||
| STEP 4 | Price Related Differential | ||
| STEP 5 | Explanation | ||
Please help me complete steps 2 through 5.
Solutions
jeff jeffy answered 2 years agoRelated Solutions
3. Price Related Differential STEP 1 Individual Assessment Sales Ratios Sales Price Assessed Value Assessment Ratio...
3. Price Related Differential
STEP 1
Individual Assessment Sales Ratios
Sales Price
Assessed Value
Assessment Ratio
Property 1
$165,000.00
$190,000.00
115%
Property 2
145,000.00
125,000.00
86%
Property 3
25,000.00
20,000.00
80%
Property 4
30,000.00
25,000.00
83%
Property 5
25,000.00
18,000.00
72%
Property 6
200,000.00
170,000.00
85%
Property 7
150,000.00
125,000.00
83%
Property 8
135,000.00
135,000.00
100%
Property 9
30,000.00
22,000.00
73%
Property 10
25,000.00
15,000.00
60%
Property 11
25,000.00
19,000.00
76%
Property 12
35,000.00
28,000.00
80%
$990,000.00
$892,000.00
90%
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