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Chapter 7 - Valuation Using the Sales Comparison and Cost Approaches 4. Given the following information, determine the value of having an additional bedroom. Assume

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Chapter 7 - Valuation Using the Sales Comparison and Cost Approaches 4. Given the following information, determine the value of having an additional bedroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below Comparable 1 Comparable 2 Today 1 Year Ago Comparable 3 Comparable 4 Today1 Year Ago Time Sold Bathrooms Bedrooms Se Pe50,000 $265,000 75000 $270000 S250,000$265,000 $275,000$270,000

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