Derive an appraised value using the comparable approach for the following subject property based on the following information. Show your work.

$\backslash$table$[[,$Subject Property,Comparable I,Comparable II$,$Comparable III$],[$Sales Price,,$$250,000,$$$275,000,$$$220,000],[$Time of Sale,,$6$ months,$7$ months,$18$ months$],[$Design$,$Traditional,Traditional,Modern,Traditional$],[$Parking$,2-$Car Carport,$2-$Car Garage,$2-$Car Garage,$1-$Car Garage$],[$Location$,$Interior Lot,Corner Lot,Corner Lot,Interior Lot$],[$Drainage$,$Good,Below Average,Good,Good$],[$Bedrooms$,3,4,3,2],[$Bath$,2,2,2,2],[$Construction$,$Average,Average,Average,Below Average$],[,,,,]]$

Observations:

Demand in the market has increased significantly, and an adjustment for sales over $12$ months old in the amount of $$5000$ is necessary.

Properties with drainage issues sell for $$1600$ less.

Corner lots demand a premium in the amount of $$2500$

Modern design homes demand a premium in the amount of $$2500$

$4$ bedroom homes demand a premium in the amount of $$3000$

$2$ bedroom homes sell at a discount in the amount of $$2000$

$1-$car garage or $2-$car carport will cause the home to sell at a discount in the amount of $$1200$

Inferior construction quality will cause the home to sell at a discount in the amount of $$4000$