Suggested Value

Suggested value allows you to easily insert a subject value based on the comps and adjustments in the Side-by-Side PowerView.

The Suggested Value is derived by multiplying the weight of each comp by the Adjusted Sale Price of that comp, repeating for each property, then adding them all together.  Here is the formula:

Suggested Value = (Adjusted Sale Pricecomp 1 x Weightcomp 1) + (Adjusted Sale Pricecomp 2 x Weightcomp 2) + (Adjusted Sale Pricecomp 3 x Weightcomp 3) + … + (Adjusted Sale Pricecomp n x Weightcomp n)

When you click the Use Suggested Value icon (  ) the Suggested Value is then inserted into the major form as the Indicated Value by Sales Comparison Approach.