Bowery’s Sales Comp Tool helps appraisers find smarter comps—faster and with less hassle. It’s appraisal, streamlined.
In earlier steps, you entered your in-place rent roll, grouped units by type, and selected rent comps with mapped visuals. Now it’s time to make your adjustments and finalize the stabilized rent roll—critical for presenting a clear and accurate income forecast in your report.
Bowery’s adjustment grid separates market adjustments from other key variables to give you a clean, structured layout. As you scroll through your comps, you can apply adjustments based on factors such as:
Size
Location
Custom property-specific considerations
Each adjustment updates the rent per square foot, helping you quickly determine a concluded market rent for the group.
Once adjustments are made, use the visual averages to set a concluded value for each comp group. For example, after adjusting a few large office comps, you may decide to conclude at $70 per square foot. Do the same for small office comps using their own filtered set.
After concluding your market rents, those values flow directly into the Stabilized Rent Roll. Here, you’ll notice vacant units still show zero rent from the in-place data. Now is the time to input your forecasted rents—based on your comp group conclusions.
You can also revisit and update existing rents if your earlier estimates were off. Input final monthly values to align with the market figures you’ve concluded:
For example, set all large office units to $70
Set all small office units to $60
Once saved, the stabilized rent roll becomes the default data used for commercial income forecasting throughout your report. It reflects your market research, adjusted insights, and final rental assumptions—all in one centralized table.
This workflow connects data with narrative. Bowery enables appraisers to build transparent logic into their rent conclusions, while streamlining how that logic gets represented in the report.
It’s fast, flexible, and focused on accuracy—giving you tools to support both your numbers and your narrative.
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