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Comparables |
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Comparables A valuation technique with which a recently sold asset is used to determine the value of an similar asset. This technique is often used in real estate to determine the initial sale price of a property. Notes: This technique is helpful for accurately appraising the value of any asset. For example a real estate agent may appraise the value of a home based on the most recent selling price of a house in the same neighborhood with similar attributes, such as square footage, bedrooms and bathrooms. |
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? Mentioned in | ? References in periodicals archive | |
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| 1776 On the Green is a Class A office building without comparables within Morristown's central business district or in surrounding towns," noted Metropolitan Area Capital Markets Group team member Gary Gabriel, who marketed the property and negotiated the sale with Andrew Merin, David Bernhaut and Jose Cruz. The morning segment featured senior government representatives from China, Japan, Korea, and Taiwan sharing their views on the hottest tax issue in Asia, transfer pricing, including compensating adjustments and secret comparables. The sale has to be justified with comparables - but those comparables are going up, so all the prices are up. |
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Comparables
