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7. Use the available information to allocate the sale price to determine the value of each land group SALES ANALYSIS Total Sales Price = $482,400
7. Use the available information to allocate the sale price to determine the value of each land group SALES ANALYSIS Total Sales Price = $482,400 Given: Land Group II = 80% of Land Group III = 40% of I Class | Equivalent Acres 360 A of % = 80 A of 11 % = 280 A of III % = Total Class 1 Eq. acres acres acres acres $ - acres Value of Class 1 Land Class II Value Class III Value Value/Acre $ = $ = $ % % $ $ CHECK Acres $/A x X Value $ $ $ $ Totals Overall Value $ per acre 7. Use the available information to allocate the sale price to determine the value of each land group SALES ANALYSIS Total Sales Price = $482,400 Given: Land Group II = 80% of Land Group III = 40% of I Class | Equivalent Acres 360 A of % = 80 A of 11 % = 280 A of III % = Total Class 1 Eq. acres acres acres acres $ - acres Value of Class 1 Land Class II Value Class III Value Value/Acre $ = $ = $ % % $ $ CHECK Acres $/A x X Value $ $ $ $ Totals Overall Value $ per acre
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