Answered step by step
Verified Expert Solution
Question
1 Approved Answer
fill in the chart You have been asked to appraise the market value of a subject property that has threebedrooms with two bathrooms and is
fill in the chart
You have been asked to appraise the market value of a subject property that has threebedrooms with two bathrooms and is going to be sold tomorrow. You found a comparison property that sold for $225,250 six weeks go. It has three bedrooms and three bathrooms. You estimate that values have been decreasing at a rate of $1,850 per week since the comparison property transacted. Each bedroom is worth $17,500 and a bathroom is worth $7,800 in the respective market. What is the adjusted price for the subject property Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started