Question: Workshop 6 - Establishing Appraisal Price Students Comparison Table Address Sale Price Overall Site Location Building size Building quality 28 Calcton Road $511,000 Better (bigger

Workshop 6 - Establishing Appraisal Price Students Comparison Table Address Sale Price Overall Site Location Building size Building quality 28 Calcton Road $511,000 Better (bigger and better location) Worse (560m2 to 690m2) Better (not on a main road) Better (130m2 compared to 120m2) Worse (Older and in need of major repairs) 37 Boulton Road $418,500 25 More Main Road $370,500 26 More Main Road $412,250 4 Nilginee Street $576,000 22 Arcola Road $487,750 34 Main Road $545,000 Plot the relationship - Price Vs Building Area Other Plots or Units of Comparison Two most comparable properties: 1. Address......................................................... Sale Price:......................................... 2. Address......................................................... Sale Price:......................................... My overall appraisal of the property based on data available is _________________ Provide justification for your appraisal figure

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