1) Always put “Site” as the first row in your land table. You can enter both Acres and Units. Enter the Units as “1 Site”. You can enter the dollar amount as a lump sum in the $/Unit field and the “per acre” amount will be calculated.
a) UCRR: Only use one more land row for “Excess”
b) UAAR + Res: Additional rows can be used as normal (including ratios). If using UAAR + Res then a full land mix adjustment will work. If you use the sale in a UCRR report the additional rows will be combined into one “Excess Land” row.
2) Land is still allocated first – the residual goes to the improvements.
3) For improved properties “Expand” the first improvement and enter the house details.
a) If the sale is un-improved but you like the UCRR sale sheet you can expand the first improvement and enter just a picture or map that will be transferred to the sale sheet.
b) The house has two sizes. The first is the normal size field in the improvement grid. This is intended to be the total size used in the RCN calculation. The expanded page section has a field for “Effective” size. The appraiser defines this based on the market. For example, the market may use Total Sq. Ft., Gross Living Area (GLA), or Above Grade Sq. Ft. when comparing two properties. This unit and value are entered in the Effective Unit and Effective Size in the expanded improvement section.
4) The current version of the DataLog cannot print out the expanded improvement information. You need to import the sale into the report to print that. We are working to fix this as quickly as we can.
5) Two new templates to help you get started “UCRR Template” and “UAAR + Res Template”
6) Use “Paste Special” to choose one of the 4 types of sale sheets: UAAR Short; UAAR Long; UCRR; and UAAR + Res.
7) UCRR Sale Comparison approach uses lump sum adjustments.
8) UARR + Res. Sale comparison approach makes adjustments based on the overall effective unit size. If effective unit size is 1, then adjustments will be lump sum. Otherwise a unit that reflects the market such as per acre or per square foot should be used.