✏️Prompts

Comparable Sales Regression Analysis Prompt

Prompt

Use statistical regression to validate and refine comparable sales valuations.

[PASTE: 15-20 comparable sales with square footage, age, condition ratings, sale prices]

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.

Why it works

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

Watch out for

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

Used by

Data AnalystsFinance Teams