Map

 

It’s often easier to spot valid comps when you see them laid out on a map.  New to TOTAL is the Comps Database Map view where all of your available comps are displayed after being filtered using Search IQ and the Filter tabs.

While the Map view by itself is extremely helpful in determining appropriate comps for your report, there are a number of other tools available in TOTAL's Comps database that help you narrow your results and choose the best comps for your report.

 


Map Tools

 


Draw Market Areas

To help you further refine your results, TOTAL's Map view allows you to draw market areas on your map.  The property types in the area that you appraise can change dramatically by simply crossing the street, so the ability to plot out these areas on a map provides you the precision needed to narrow down and pin point the exact properties needed for your current report.  Follow the instructions below to draw a market area:

  1. Click Draw in your map tools.
  2. After clicking Draw, your mouse cursor changes to a pen icon when you move it over the map image.  Click the locations on the map image to plot the points around the perimeter of your market area.
  3. If you make a mistake while plotting the market area, click Clear in your map tools at any time to clear your market area and start over.
  4. When you move your mouse cursor to the last point to close the area, the perimeter of the area is highlighted in red to clearly display the area's boundaries.  When it is red, click to plot the last point and close the area.
  5. At this point, enter a name for your market in the Defined Market Areas drop-down.  When you close an area, the area name appears as "Untitled" by default.  Clear this text and enter the name or description for your market area, then click Save to save your market area.

New areas can be added to an existing market area at any time.  Say, for example, you drew your first area to separate higher-end housing from mid-level or moderate housing, but 2 blocks over, a new housing development has begun that also has higher-end housing.  Simply select your market area from the Defined Market Areas drop-down, click Draw, and draw the perimeter of the new housing development.  When finished, click Save and the new area is added to the existing area so that both areas appear when this market is selected.

If you need to change the name of the Market Area after saving it, click Rename in the map tools.

To start a new market area after viewing an existing market or creating a new one, click Clear to wipe the market areas from the map image, then click Draw to draw the new area following the steps above.

 


Property Icons and Property Information Balloons

The location of Properties are indicated by blue and red pushpin icons.  A red icon (  ) indicates the location of your subject property, whereas blue pushpin icons (  ) indicate the placement of the properties in your comps database.

When you click on the Map tab in the Search Results pane, the map centers on your subject property and displays the subject's information in a Property Information Balloon.  The Property Information Balloon shows a few different items:

 


Property Details Panel

When you select a property on the map, it displays the basic information in the Property Information Balloon, but it also displays all available information about the property in the Comp Details Panel on the right.  Depending on the source of the property data, the available information is displayed on a form layout (if a form is detected in the source data), or it is displayed on a generic grid with each available field listed.  The data for the property can be edited here on the fly, and any changes are saved automatically as soon as you leave the field.

 


Place comps

To mark a comparable to be placed in your report from the Map view:

  1. Select the property icon on the map to view the Property Information Balloon.
  2. In the Property Information Balloon, select the data source to use by checking the box beside it.

  3. Continue selecting properties on the map and marking the data source to use in the Property Information Balloons.
  4. As you mark comps to be placed in your report, they are tracked and indicated above the map image on the upper right.
  5. Once you have selected the comps you want to use, Click Place in the Marked Comps window, or from the Comps Database toolbar to place them in your report.

After placing the comps in your report, the Comps Database window remains open, and the Marked Comps button that was present previously changes so that it now displays View placed comps in Side-by-Side.  Click View placed comps in Side-by-Side to jump to them in the Side-by-Side PowerView.