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Real Estate Analysis Project Information and Data

Project Outline

Link to Tarrant County Appraisal District (www.tad.org)

Sales Data Input Form (to help you read the data)

 

General Information

-         You are appraising the fee simple interest in the real property (and no personal property is included).

-         The data of the appraisal is the date of the inspection.

-         The size of the site is 12,320 square feet according to assessment information.

-         The property is zoned A1 – Single Family Residential

-         The property is not located in a flood zone.

-         The property’s last sale was on January 22, 2002 for $122,000.

            -    The residential dwelling was built in 1960.

 

Maps (pdf files)

Neighborhood Map                                Directions to Subject Property Map

Neighborhood Map 2                             Comparable Sales Map

General Maps

 

Sales Comparison Approach – Properties Sold 1/1/2005 to 9/2/2005, 1,300 to 2,500 SF in Area 83

Sales (pdf file)

Sales (spreadsheet)

 

Sales Comparison Approach – Current Listings (1,300 to 2,500 SF) in Area 83

Current Listings (pdf file)

 

Cost Approach

Land Sales in Arlington area

 

Replacement cost for a similar one-story brick residential structure ranges from $72 to $80 per square foot of building area.

-         This does not include the garage area which cost $15 to $20 per square foot to construct.

-         Site improvements are also not included in the estimate above.

             -    Similar residential structures have a 50 to 60 year total economic life in this market.

 

Investment Analysis

Rental Data

 

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