Given the following information, determine the final appraisal value of the subject property.

Ans: $284,120

	Adjustments
Market conditions	.50% (per month)
Lot Size	$25,000 (per acre)
Effective age (years)	$1,000 (per year)
Living area (sq. ft)	$45.00 (per sq. ft)
Bath	$1,250 (per bath)
Bedroom	$3,000 (per bedroom)

	Subject Property	Comparable Property
Time sold	Today	4 months ago
Lot size (acres)	0.83	0.80
Effective age (years)	8	7
Living area (sq, ft)	2,197	2,383
Bath	3.5	3.5
Bedroom	4	4
Sales price		$287,000

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