Competing Comps in the building should carry the most weight in the Market Value opinion. The appraiser
could have used the subject building older sales for grid comps 6,7,8 and make at time adjustment. Example
A competing unit in your building sold 14 months ago. In the time period between the sale 14 months ago
and today the market median value had a decrease in value of 10%. Multiply the sales price of 14 month ago
x 10%= Today's estimated value. There is a little more to the process but this give you a basic Ideal how to
use older sales in an appraisal report.
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