The Values worksheets consolidate value conclusions from the approaches and provide a table for making various adjustments to value conclusions. Values are reported as lump sums, price per square foot, and price per unit.
The default price per square foot is based on gross building area, but this can be changed by making a selection in Square Foot Type.
The two default adjustment categories are:
|Deferred Maintenance||This is defined as curable, physical deterioration that should be corrected immediately, although work has not commenced; denotes the need for immediate expenditures, but does not necessarily suggest inadequate maintenance in the past.|
|Stabilization Expense||This category includes the following:
The final values for your As Is, As Complete, and As Stabilized calculations are enterable into the Value column cells.
Value Summary Table
The Value Summary Table is located in the bottom, right-hand corner of the worksheet. By default, columns N through S, rows 58 through 78.
This table displays the summary values for the following: Date of Value, Value Type, Value Perspective, Interest Appraised, Land; Excess Land; Cost; Sales; Income Capitalization; EGIM Analysis; NIM Analysis.
Each row can be hidden or shown by clicking on the Show button and selecting Show or Hide from the drop-down menu.
Columns, with the exception of the Value Premise column, can also be toggled to Show/Hide. Click on a column header to display a Show/Hide drop-down menu.
Once any Show/Hide selections have been made, click the Toggle button to actually show or hide those rows/columns.
The values in the table are derived from the related worksheets. For example, the Land value is from the Land Grid page. Those values can also be found in the Value Indications & Adjustments table on the same page.
The values in the Value Conclusion row are derived from the final rows of the Value Indications & Adjustments table.