Sarah Fluggel is considering the purchase of a home located at 2121 Tarter Circle in Frisco, Texas.
Question:
a. Use the information provided in the following table to determine an initial estimate of the value of the home Sarah is considering:
b. After making her initial estimate of the value of the home, Sarah decided to investigate whether the owners asking price of $ 375,000 might be justified based on unique attributes of the home. What types of details might you recommend Sarah look for in trying to justify the price of the home?
c. What if the house Sarah is considering had an asking price of $ 315,000? What would you recommend Sarah do then?
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Related Book For
Valuation The Art and Science of Corporate Investment Decisions
ISBN: 978-0133479522
3rd edition
Authors: Sheridan Titman, John D. Martin
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