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1. You have been asked to appraise the market value of a subject property that has three-bedrooms with two bathrooms and is going to be
1. You have been asked to appraise the market value of a subject property that has three-bedrooms with two bathrooms and is going to be sold tomorrow. You found a comparison property that sold for $225,250 six weeks ago. It has three bedrooms and three bathrooms. You estimate that values have been decreasing at a rate of $1,850 per week since the comparison property transacted. Each bedroom is worth $17,500 and a bathroom is worth $7,800 in the respective market. What is the adjusted price for the subject property?
Attribute | Subject | Comparison | $ adjustment |
Price | |||
Time | |||
Bedrooms | |||
Bathrooms | |||
Adjusted Price | |||
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