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In 2010, I was still puzzled by the reticence of many appraisers to embrace the Cost Approach as it increases our level of credibility. I can use median or average, but I have to remember to cull the data for common sense bracketing and consider overall site sales related to the subject property use and size. 4) Streamline (update).
Changing Trends in the Size of Homes While detailed information on square footage was not consistently recorded in the Birmingham, Alabama MLS until around 2010 we can look at national trends to see what was occurring across the country. Effectively bracketing the comparable sales used will give you the most accurate indication of value.
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