Description
The State of Ohio - Department of Administrative Services is soliciting a real estate appraisal for a portion of property located at 1685 US 42, Xenia, Greene County. The selected appraiser will be required to provide a substantiated appraisal report of the market value of the property, which must be completed within 30 days of purchase order and contract execution. The appraisal must conform to the Uniform Standards of Professional Appraisal Practice (USPAP) and include a summary report with adequate exhibits and illustrative exhibits. The appraiser must be an Ohio Certified General Real Estate Appraiser and personally hold and maintain any claimed designation or professional credential in good standing.
• The appraisal must consider the highest and best use of the property, including any potential zoning limitations.
• The appraiser must verify recent sales of the property and include a list of comparable sales in the appraisal report.
• The appraisal must substantiate any quantified adjustments to comparable sales with market data.
• The appraiser must provide a detailed qualitative analysis that compares each sale to the subject property.