A property comparable to the single-family home you are appraising sold three months ago for $452,000. You have determined that the adjustments required for differences in the comparable and subject property are as follows:

Transaction Characteristics

Property Rights Conveyed: none

Financing Terms: none

Conditions of Sale: none

Expenditures Immed. After-Sale: +$3,000

Market Conditions (monthly, not compounded): +0.5%

Property Characteristics Location: +3%

Physical Characteristics: -5%

Economic Characteristics: none

Use: none

Non-Realty Components: -$5,000

Making adjustments in the order found in Exhibit 7-6 in the textbook, what is the final adjusted sale price of the comparable?

Remember that when you are making adjustments using percents, you must use the most recent subtotal for each calculation.