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You have been hired by Agirich Appraisal. Your first assignment is to prepare a "Direct Sales Comparison Grid" for a subject property. Include in the grid, all comparable sales with improvements (buildings). To get started, you will only adjust for land and buildings. Your associates have already collected the comparable sales that you will need to prepare the "Grid." The subject property is in a good location and has the characteristics described in table 1. Information about the comparable sales are presented in Table 2 and 3. Show all of your calculations and supporting tables. Your new "boss" must be able to review your work and determine if your work has been done correctly. If your analysis is hard to follow, you will be fired (poor grade) Table 1 Subject Property Acres Cropland 400 Pasture 110 Total 510 Size Cond. Utility A/G 1,000 Dwelling (Sq. Ft.) Eq. Shed (Sq. Ft.) Gr. Bin (bu.) A/A 4,000 F/F 10.000 Table 2 Comparable Sale Summary Date Bldgs. $Acre Acres Location Sale No. Crop Acres Pasture Acres Sales Price $225,000 0 450 1 6 mo. $500 450 Avg. 0 2 525,000 6 mo. 500 500 1,050 Avg. 325 3 6 mo. 200 525 711 Avg. 75 895 300 4 Current 375 600 100 1,037 5 700 Avg. Avg. Good 1 yr. Current 373,275 335,625 725 900 532,680 310,200 408,536 690 772 300 6 390 100 200 1,034 House 7 6 mo. Avg. 300 446 346 100 916 Shed 8 Current Avg. 1,136 255 75 Sh/bin 9 1 yr. 374,880 330 Good 472,500 450 10 300 6 . Good 1,050 150 h/s/b 780 200 326 1,137 509 85 1 year 11 6 mo. 410,280 526 Good 12 675,378 594 Good 13 1 year 557,500 500 Avg. H=house; Sh=machinery shed; b=grain bins 1,115 392 108 h/s/b Table 3 Sale Summary of improvements Cond/Util Size Cond/Utd Sire Sale No. 2 Cond/Util Size Dwelling (sq. ft.) Good/good 1.000 En Shed (5.ft) Gr. Bin (bu. 10 Cond/Uti Sire Avg/vg 970 Fair/ar 4.000 Good/v6,000 13 Cond/Util Size Good/good 1,025 Avg/avg 4,140 Poor/poor 5,000 Good/good 4,000 Good/good3.200 Good/good 5,000 You have been hired by Agirich Appraisal. Your first assignment is to prepare a "Direct Sales Comparison Grid" for a subject property. Include in the grid, all comparable sales with improvements (buildings). To get started, you will only adjust for land and buildings. Your associates have already collected the comparable sales that you will need to prepare the "Grid." The subject property is in a good location and has the characteristics described in table 1. Information about the comparable sales are presented in Table 2 and 3. Show all of your calculations and supporting tables. Your new "boss" must be able to review your work and determine if your work has been done correctly. If your analysis is hard to follow, you will be fired (poor grade) Table 1 Subject Property Acres Cropland 400 Pasture 110 Total 510 Size Cond. Utility A/G 1,000 Dwelling (Sq. Ft.) Eq. Shed (Sq. Ft.) Gr. Bin (bu.) A/A 4,000 F/F 10.000 Table 2 Comparable Sale Summary Date Bldgs. $Acre Acres Location Sale No. Crop Acres Pasture Acres Sales Price $225,000 0 450 1 6 mo. $500 450 Avg. 0 2 525,000 6 mo. 500 500 1,050 Avg. 325 3 6 mo. 200 525 711 Avg. 75 895 300 4 Current 375 600 100 1,037 5 700 Avg. Avg. Good 1 yr. Current 373,275 335,625 725 900 532,680 310,200 408,536 690 772 300 6 390 100 200 1,034 House 7 6 mo. Avg. 300 446 346 100 916 Shed 8 Current Avg. 1,136 255 75 Sh/bin 9 1 yr. 374,880 330 Good 472,500 450 10 300 6 . Good 1,050 150 h/s/b 780 200 326 1,137 509 85 1 year 11 6 mo. 410,280 526 Good 12 675,378 594 Good 13 1 year 557,500 500 Avg. H=house; Sh=machinery shed; b=grain bins 1,115 392 108 h/s/b Table 3 Sale Summary of improvements Cond/Util Size Cond/Utd Sire Sale No. 2 Cond/Util Size Dwelling (sq. ft.) Good/good 1.000 En Shed (5.ft) Gr. Bin (bu. 10 Cond/Uti Sire Avg/vg 970 Fair/ar 4.000 Good/v6,000 13 Cond/Util Size Good/good 1,025 Avg/avg 4,140 Poor/poor 5,000 Good/good 4,000 Good/good3.200 Good/good 5,000

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