It’s often easier to spot valid comps when you see them laid out on a map.
The Comps Database can quickly generate a map showing the location of any
selection of comps. To do so…
- In the Comps Database, select comps
you’d like to map by checking the box to the left of each property.
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Hint: Use the Comps Database’s search
features to display a limited number of comps that meet your criteria.
Then, right-click any comp and choose Mark Comps,
Mark All from the pop-up menu. |
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- Click Map in the toolbar at the top, or right-click
anywhere in the Comps display and select Map,
Selected comparables from the pop-up menu.
- In the Maps Wizard, confirm the property addresses and
click Next.
- Modify your map as desired using the annotation tools in the
Annotate your map pane.
- Click Finish when you’re done.
- Next, you’re prompted to add the map to your digital workfile for this
report to better maintain compliance with USPAP. Just click
Yes or No to indicate your choice.
Another option is to use a map to find all comp within a certain radius of
the subject. To do so…
- In the Comps Database, right-click any
comp in the list. From the pop-up menu, choose Map, then 1,
2, 5 or 10 miles. To enter a different distance, click
Custom, type the amount and click OK.
- In the Maps Wizard, confirm the property addresses and
click Next.
- Modify your map as desired using the annotation tools in the
Annotate your map pane.
- Click Finish when you’re done.