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Given the following information, determine the value of having an additional 500 square feet of living space. Assume that the comparable properties are similar in

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Given the following information, determine the value of having an additional 500 square feet of living space. Assume that the comparable properties are similar in all other attributes besides those listed in the table below. Comparable 1 Comparable 2 Comparable 3 Comparable 4 Time sold Today 1 year ago Today Today Bathrooms 1 1 2 Size 3500 sq. ft 3000 sq. ft. 3500 sq. ft 3000 sq. ft. Sale price $150,000 140,000 $160,000 $156,000 $4,000 $6,000 $10,000 $16,000 There is not enough information to determine the value. None of the above are correct

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