Two-to-Four Unit Residential Appraisal-1025
The Two-to-Four Unit Residential Appraisal-1025 Form is used to appraise two-to-four unit residential properties.
Description of Two-to-Four Unit Residential Appraisal-1025 Form:
The 1025 Report provides analysis of competitive listings, cost approach, an analysis of competitive rents, and a sales comparison analysis. Included in the attachments:
- Listings and sales utilized in the report
- Subject property photographs including a front, rear and street scene
- A completed operating income statement
- Photographs of the comparable rentals and comparable sales
- Location map detailing the locations of the subject and all rentals
- Appropriate certifications and limiting conditions
- A floor-plan sketch with exterior dimensions and gross living area calculations for each unit
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