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Given the following information, find the market conditions adjustment factor. Express your answer as a percent, and round to two decimal places (i.e. 0.89 for
Given the following information, find the market conditions adjustment factor. | ||
Express your answer as a percent, and round to two decimal places (i.e. "0.89" for 0.89%) | ||
(HINT: the answer is NOT 0.89%, regardless of how you write it.) | ||
Adjustments | ||
Market conditions | ??? % (per month) | |
Lot size | $20,109 (per acre) | |
Effective age (years) | $1,339 (per year) | |
Living area (sq. ft) | $39.00 (per sq. ft.) | |
Bath | $1,156 (per bath) | |
Bedrooms | $2,866 (per bedroom) | |
Subject Property | Comparable Property | |
Time sold | Today | 4 months ago |
Lot size (acres) | 0.65 | 0.19 |
Effective age (years) | 8 | 4 |
Living area (sq. ft) | 1,840 | 3,004 |
Bath | 3.5 | 3.5 |
Bedrooms | 5 | 6 |
Sale price | $247,054 | $286,044 |
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