Given the following information, what is the approximate value the subject property?

Adjustments

Market conditions

Market trend improved greatly, so adjust

$-1\mathrm{.}00\%($per past month$)$

Lot size

$$25,000($per acre$)$

Effective age $($years$)$

$-$$$1,000($per past year$)$

Living area $($sq$.$ ft$)$

$$45\mathrm{.}00($per sq$.$ ft$.)$

Bath

$$1,250($per bath$)$

Bedrooms

$$3,000($per bedroom$)$

Subject Prop.

Comp. Prop.

Time Sold

Today

Two Months Ago

Lot size $($ac$.)$

$0\mathrm{.}72$

$0\mathrm{.}80$

Effective age $($years$)$

$6$

$9$

Living area $($sqft$)$

$2,197$

$2,383$

Bath

$2\mathrm{.}5$

$4\mathrm{.}5$

Bedrooms

$4$

$3$

Sales Price

$[$Value $?]$

$$488,000$