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12. You are interested in buying a single-family residence located at 3789 Golden Hill Street, Nanaimo. The market data grid has been completed for you
12. You are interested in buying a single-family residence located at 3789 Golden Hill Street, Nanaimo. The market data grid has been completed for you reference as follows: (M4)* Comple Comp 2e Comp 3e Elements of Subject Comparison Property Transaction price Conditions of sale Arm's lengthe Financing termse Conventionale Sale datese Todaye Location Heather Parke Site size 0.5 acree Construction qualitye Wood sidinge Agee 4 yrs.e Living area 3850 sq fte Number of bath 3e Garage spacese 2e Sun decke 0 Poole Legal characteristicse Fee simple Use Zoninge Single-familye Non-realty itemse $625,000 $580.000 Arm's length Friend to friende Conventionale Conventionale 3 months ago 6 months ago Heather Parke Heather Parke 0.6 acree 0.45 acre Wood sidinge Brick sidinge 5 yrs.e 7 yrs.e 3900 sq fte 3950 sq fte 2.52 3e 200 sq fte je Poole Fee simple Fee simple Single-familye Single-familye Build-in Special facility appliancese for disability $599,000 Arm's length Conventionale 6 months ago Heather Parke 0.5 acree Brick sidinge 4 yrs.e 3800 sq ft 3e 300 sq fte Fee simple Single-familye Oak bookshelvese The amount of the adjustment for each item had been estimated by your agent and is shown in the list below: A friend-to-friend transaction implies $8.000 discount, based on a comment from the agent- Market conditions: 0.4% per month Lot size: $100.000 per acre- Construction quality: No adjustment for wood siding: $6,000 if brick siding (better quality than wood) Age: $2,500 per year Living area: $160 per square foot Bath: $12.000 each Garage space: $6,000 for each additional car space Sun deck: S80 per square foot Pool: $15,000 Non-realty items: $5,000 additional for build-in appliances: $2,000 for disability facility; and $2,000 for Oak bookshelves Apply the information above and complete the following adjustment and reconciliation tables. Adjustment table: Comple Comp 22 Comp 3 Elements of Comparison Subject Property e Transaction price +/- Conditions of salese +/- Financing terms Normal sale price e 2 t a a 2 +/- Market condition =Market-adjusted normal sale price +/- Locatione +/- Site size +/- Construction quality +/- Age +/- Living area +/- Bathe +/- Garage +/- Sun decke e +/- Poole +/- Legal Characteristics +/- Use Zoninge +/- Non-realty itemse = Final adjustment sale price e t e Reconciliation: Source Final Adjusted Sale Price Weights Weighted Price 40% Comp le Comp 2e Comp 3e 30% 30% Indicated Value of the Subject Project 12. You are interested in buying a single-family residence located at 3789 Golden Hill Street, Nanaimo. The market data grid has been completed for you reference as follows: (M4)* Comple Comp 2e Comp 3e Elements of Subject Comparison Property Transaction price Conditions of sale Arm's lengthe Financing termse Conventionale Sale datese Todaye Location Heather Parke Site size 0.5 acree Construction qualitye Wood sidinge Agee 4 yrs.e Living area 3850 sq fte Number of bath 3e Garage spacese 2e Sun decke 0 Poole Legal characteristicse Fee simple Use Zoninge Single-familye Non-realty itemse $625,000 $580.000 Arm's length Friend to friende Conventionale Conventionale 3 months ago 6 months ago Heather Parke Heather Parke 0.6 acree 0.45 acre Wood sidinge Brick sidinge 5 yrs.e 7 yrs.e 3900 sq fte 3950 sq fte 2.52 3e 200 sq fte je Poole Fee simple Fee simple Single-familye Single-familye Build-in Special facility appliancese for disability $599,000 Arm's length Conventionale 6 months ago Heather Parke 0.5 acree Brick sidinge 4 yrs.e 3800 sq ft 3e 300 sq fte Fee simple Single-familye Oak bookshelvese The amount of the adjustment for each item had been estimated by your agent and is shown in the list below: A friend-to-friend transaction implies $8.000 discount, based on a comment from the agent- Market conditions: 0.4% per month Lot size: $100.000 per acre- Construction quality: No adjustment for wood siding: $6,000 if brick siding (better quality than wood) Age: $2,500 per year Living area: $160 per square foot Bath: $12.000 each Garage space: $6,000 for each additional car space Sun deck: S80 per square foot Pool: $15,000 Non-realty items: $5,000 additional for build-in appliances: $2,000 for disability facility; and $2,000 for Oak bookshelves Apply the information above and complete the following adjustment and reconciliation tables. Adjustment table: Comple Comp 22 Comp 3 Elements of Comparison Subject Property e Transaction price +/- Conditions of salese +/- Financing terms Normal sale price e 2 t a a 2 +/- Market condition =Market-adjusted normal sale price +/- Locatione +/- Site size +/- Construction quality +/- Age +/- Living area +/- Bathe +/- Garage +/- Sun decke e +/- Poole +/- Legal Characteristics +/- Use Zoninge +/- Non-realty itemse = Final adjustment sale price e t e Reconciliation: Source Final Adjusted Sale Price Weights Weighted Price 40% Comp le Comp 2e Comp 3e 30% 30% Indicated Value of the Subject Project
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