Dictionary of Real Estate Terms: paired sales
paired sales
appraisal technique used to find the value of one particular attribute. The appraiser locates two sales where the only difference is the attribute sought.
Example: A real estate appraiser is concerned with the value of a swimming pool. She discovers two sales of virtually equivalent properties, one with a swimming pool and one without. The one with the pool sold for $15,000 more, so the appraiser uses $15,000 as the value of the difference.
