I am just getting started with the Comp Calculator, have you made any recent changes or improvements?
YES! We recently made some updates including improved rounding, better handling of zeroes to conform with UAD requirements, automatically switching site calculations between Acres and Sq Ft, and we added a bathroom adjustment for the Basement Calculator. Here are some other questions we’re getting about worksheets that you might find helpful.
How do thresholds work?
Thresholds are used to avoid applying a small adjustment if the properties differ just slightly. For example, a threshold of 200 for Site Area means that if the Subject and Comp differ by less than 200 Sq Ft, do not apply an adjustment. You can set the thresholds for each item separately, and we now automatically bring in older threshold settings from Options for the GLA and Basement.
How is rounding applied to adjustments?
The Comp Calculator offers rounding to the nearest 100, 500, and 1000. These factors can be set in each individual calculator or, if you set in the Full View, they apply to all calculator adjustments.
Do my settings stay put when I’m cloning or using a template?
YES! The new calculators remember your adjustment entries as well as the options for thresholds and rounding. To apply in future reports, just save them in your template or cloned files.
Can I calculate time adjustments on a monthly percentage basis?
YES! If you enter a % after the adjustment factor, a percentage of the sales price will be applied on a monthly basis. For example a .5% factor will apply a half-percentage of the comp sale’s price per month as the adjustment. Negative percentages can also be applied for declining markets.
Are the individual calculators still available?
YES! The smaller calculators are still accessible by clicking on the worksheet icon from an adjustment field.
Will you be adding new fields to the worksheet?
YES! Look next for enhanced half-bath support, Basement room adjustments and a specialized Car Storage calculator.
If you’d like to see another field in the calculator, shoot us an email at firstname.lastname@example.org and we’ll add your request to our project board.