Matched pairs were used to derive the following market adjustments: Traffic influence has a $10,000 impact on value Depreciated value of GLA Improvements is approximately $100 per square foot A 12 Bath in this neighborhood is worth about $5,000 An extra 1-Car Garage has a value of approximately $10,000 in this neighborhood Input the required adjustments below together with their total net and gross adjustments and percentages. Subject Comp 1 + (-) $ Adj. Comp 2 + (-) $ Adj. Comp 3 + (-) $ Adj. Market-Derived Adjustments * N/A $ 540,000 $ 615,000 $575,000 $10,000 for traffic influence Interior Tract Average 3 2.5 2,000 SF Traffic Average 3 Sales Price Elements of Comparison Location Condition Bedrooms Baths Gross Living Area (SF) Garage Adj. Comp Sales Price Net Adjustments Net Adjustment % Gross Adjustments Gross Adjustment % Interior Tract Average 4 Interior Tract Average 3 3 2,000 SF 2.5 1,800 SF 2 2,200 SF $5,000 for 1/2 bath $100 per SF for GLA $10,000 for garage space per car 2 Car 3 Car 3 Car 2 Car * Derived via Matched Pairs Please remember that Percentage Net or Gross Adjustments are always expressed as a POSITIVE NUMBER regardless of whether or not the actual net or gross adjustments are positive or negative. Please insert commas into all dollar amounts over $1,000. Fill in all blanks on the above grid and based only on the information given, answer the following questions: (1) Which comparable is the most reliable indicator of the subject's value and WHY? (2) What is the Reconciled Value by Sales Comparison Approach? $ Matched pairs were used to derive the following market adjustments: Traffic influence has a $10,000 impact on value Depreciated value of GLA Improvements is approximately $100 per square foot A 12 Bath in this neighborhood is worth about $5,000 An extra 1-Car Garage has a value of approximately $10,000 in this neighborhood Input the required adjustments below together with their total net and gross adjustments and percentages. Subject Comp 1 + (-) $ Adj. Comp 2 + (-) $ Adj. Comp 3 + (-) $ Adj. Market-Derived Adjustments * N/A $ 540,000 $ 615,000 $575,000 $10,000 for traffic influence Interior Tract Average 3 2.5 2,000 SF Traffic Average 3 Sales Price Elements of Comparison Location Condition Bedrooms Baths Gross Living Area (SF) Garage Adj. Comp Sales Price Net Adjustments Net Adjustment % Gross Adjustments Gross Adjustment % Interior Tract Average 4 Interior Tract Average 3 3 2,000 SF 2.5 1,800 SF 2 2,200 SF $5,000 for 1/2 bath $100 per SF for GLA $10,000 for garage space per car 2 Car 3 Car 3 Car 2 Car * Derived via Matched Pairs Please remember that Percentage Net or Gross Adjustments are always expressed as a POSITIVE NUMBER regardless of whether or not the actual net or gross adjustments are positive or negative. Please insert commas into all dollar amounts over $1,000. Fill in all blanks on the above grid and based only on the information given, answer the following questions: (1) Which comparable is the most reliable indicator of the subject's value and WHY? (2) What is the Reconciled Value by Sales Comparison Approach? $
