Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. Price Related Differential STEP 1 Individual Assessment Sales Ratios Sales Price Assessed Value Assessment Ratio Property 1 $165,000.00 $190,000.00 115% Property 2 145,000.00 125,000.00

3. Price Related Differential
STEP 1 Individual Assessment Sales Ratios
Sales Price Assessed Value Assessment Ratio
Property 1 $165,000.00 $190,000.00 115%
Property 2 145,000.00 125,000.00 86%
Property 3 25,000.00 20,000.00 80%
Property 4 30,000.00 25,000.00 83%
Property 5 25,000.00 18,000.00 72%
Property 6 200,000.00 170,000.00 85%
Property 7 150,000.00 125,000.00 83%
Property 8 135,000.00 135,000.00 100%
Property 9 30,000.00 22,000.00 73%
Property 10 25,000.00 15,000.00 60%
Property 11 25,000.00 19,000.00 76%
Property 12 35,000.00 28,000.00 80%
$990,000.00 $892,000.00 90%
STEP 2 Aggregate Assessment Sales Ratio
$892,000.00/$990,000.00
STEP 3 Average Deviation
STEP 4 Price Related Differential
STEP 5 Explanation

Please help me complete steps 2 through 5.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

2. How do perceptions influence identities?

Answered: 1 week ago

Question

What are the objectives, inputs, and outputs of an MRP system?

Answered: 1 week ago