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How To: Nationwide Evaluation
How To: Nationwide Evaluation

Step by step instructions on conducting an analysis on every state or MSA in the United States.

Caroline Riley avatar
Written by Caroline Riley
Updated over a week ago

The Nationwide MSA Evaluation is a Market Evaluation analysis of all 929 MSAs in the US. This analysis allows you to quickly compare the market conditions of every major metropolitan area on hundreds of metrics. This is a unique analysis type, because all of the target sites, benchmarks and market areas are predefined for you.

Name & Type

To begin, click on blue New Analysis button on the top right of the Analyses section, give your analysis a name, and select Nationwide Evaluation from the list of options. Then click “Site Selection.”

Sites

In the next window, use the Extent Type drop-down to choose either the State or MSA option. The State option will run an analysis all 50 states simultaneously and the MSA option will run an analysis on all 929 MSAs simultaneously.

Once you’ve entered the information for your site, click “Benchmarks” to select your benchmark for this analysis.

Benchmarks

Benchmarks are not available in the Nationwide Evaluation type. Click “Market Areas” to continue.

Market Areas

When running a Nationwide Evaluation, you do not need to choose any market areas. The market area is set as the pre-defined as the state or MSA extent type previously chosen. Click “Supply Settings” to continue.

Supply Settings

The Supply Settings step allows you to edit competition in your desired market area before running an analysis. All changes made on the Supply Management page will be reflected in metric values (like penetration rates and unmet demand figures) as well as the competition lists.

Click “Assumptions” to move to the next step in the Analysis Wizard.

Assumptions

The assumptions tab is where you can change inputs that feed directly into the metric output calculations. Click into any unique assumption category to alter the individual assumption values. Change the assumptions to your desired values and click “Submit Analysis” to process your Analysis.

Please note that not all metrics are dependent on assumption values (Ex: Median Home Value CY), but many metrics are built so that assumption inputs can be used to customize the metric output (Ex: IL Income Qualified 75+ CY).

NOTE: If you do not alter these values, the default values will be used.

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