Uniform Residential Appraisal Report Page 2
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7Uniform Residential Appraisal Report
File #
There are
comparable properties currently offered for sale in the subject neighborhood ranging in price from $
to $
.
There are
comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $
to $
.
FEATURE
SUBJECT
COMPARABLE SALE # 1
COMPARABLE SALE # 2
COMPARABLE SALE # 3
Address
Proximity to Subject
Sale Price
$
$
$
$
Sale Price/Gross Liv. Area $
sq. ft. $
sq. ft.
$
sq. ft.
$
sq. ft.
Data Source(s)
Verification Source(s)
VALUE ADJUSTMENTS
DESCRIPTION
DESCRIPTION
+(-) $ Adjustment
DESCRIPTION
+(-) $ Adjustment
DESCRIPTION
+(-) $ Adjustment
Sale or Financing
Concessions
Date of Sale/Time
Location
Leasehold/Fee Simple
Site
View
Design (Style)
Quality of Construction
Actual Age
Condition
Above Grade
Total Bdrms. Baths Total Bdrms. Baths
Total Bdrms. Baths
Total Bdrms. Baths
Room Count
Gross Living Area
sq. ft.
sq. ft.
sq. ft.
sq. ft.
S
Basement & Finished
A
Rooms Below Grade
L
E
Functional Utility
S
Heating/Cooling
C
Energy Efficient Items
O
Garage/Carport
M
P
Porch/Patio/Deck
A
R
I
S
O
N
Net Adjustment (Total)
+
-
$
+
-
$
+
-
$
Adjusted Sale Price
Net Adj.
%
Net Adj.
%
Net Adj.
%
A
of Comparables
Gross Adj.
% $
Gross Adj.
% $
Gross Adj.
% $
P
P
I
did
did not research the sale or transfer history of the subject property and comparable sales. If not, explain
R
O
A
C
H
My research
did
did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal.
Data source(s)
My research
did
did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale.
Data source(s)
Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3).
ITEM
SUBJECT
COMPARABLE SALE # 1
COMPARABLE SALE # 2
COMPARABLE SALE # 3
Date of Prior Sale/Transfer
Price of Prior Sale/Transfer
Data Source(s)
Effective Date of Data Source(s)
Analysis of prior sale or transfer history of the subject property and comparable sales
Summary of Sales Comparison Approach
Indicated Value by Sales Comparison Approach $
Indicated Value by: Sales Comparison Approach $
Cost Approach (if developed) $
Income Approach (if developed) $
R
E
C
O
N
C
This appraisal is made
“as is”,
subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been
I
completed,
subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or
subject to the
L
following required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair:
I
A
T
I
Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limiting
O
conditions, and appraiser’s certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is
N
$
, as of
, which is the date of inspection and the effective date of this appraisal.
Freddie Mac Form 70 March 2005
Page 2 of 6
Fannie Mae Form 1004 March 2005
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