Comparable Sales Regression Analysis

Use statistical regression to validate and refine comparable sales valuations.

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Steps: 1) Input comp data into regression model 2) Analyze coefficient strength for key variables 3) Calculate R-squared to assess model fit 4) Identify outliers and remove 5) Rerun regression 6) Calculate predicted value for subject 7) Compare to adjusted CMA value

Output: Regression model results, coefficient analysis, predicted value, variance from CMA.

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Why this works

Regression analysis provides statistical rigor and identifies outliers objectively. Supports CMA.

Risks & review

Poor data quality skews regression. Ensure comps are truly comparable. Outliers distort model.