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An appraisal is being done on several acres of gorgeous land with rolling hills. Six months ago, a comparable lot sold for $70,000, but it
An appraisal is being done on several acres of gorgeous land with rolling hills. Six months ago, a comparable lot sold for $70,000, but it didnt have anything for a view except steel and glass buildings in the distance. The appraiser uses the sales comparison method, and determines that the subject propertys view is worth an extra $12,000 on top of the comparable. Assuming there arent any other primary differences between the two lots, what would be the appraised value of the subject lot?
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