📖Explained: Explained: Projected Sales Price

This box contains a projected value for this property customized based on the listed comparable properties shown below. There are two methods shown.  Both methods have their pro's and con's but in general the closer these two values are the more likely it is that the value is accurate.  If they differ by a large amount more research is indicated as there may be one or more properties included in the list that may differ in significant ways from the subject property.

The price per sqft calculation is a simple average of the values based on the actual sale price and recorded building living area. The calculation based on value ration also provides an average and range of values but it is based on the value ratio (VR) as determined using the most recent assessor's valuation compared to the most recent sale price.