Please answer the Required question: "estimate the selling price of Mr. Maxi's house using the direct marketing comparison method. Thank you

ancial Planning, 6e: eBook Edit... pages: 335 / 580 ket rate. Should they make the switch? 10. Mr. Creary has hired you to estimate a selling price for his house using the direct market comparison method. You have compiled the following information: Features Sale Price Sale Time Lot Size House Size Washrooms Fireplace Finished Rec. Room Walkout basement Air Conditioning Creary's House N/A N/A 45' x 110 3000 s.f. Sale 1 $475,000 Recent 50' x 100 3500 s.r. Sale 3 $439,000 3 months ago 40 x 105 Sale 2 $420,000 2 months ago 55' x 100 3200 s.f. 2 No No Yes Yes 3000 s., Yes Yes No Yes Yes No Yes Yes 2 Yes Yes Yes No Additional information of Mr. Greary's property is given as follows: (i) Projected price increase per month: 3% (ii) Projected increase started: 6 months (iii) Frontage cost per foot: $2,500 (iv) Space cost per foot ($1,000/100): $10.00 (v) Air conditioning: $2,000 (vi) Fireplace: $5,500 (vii) Finished recreation room: $9,800 (viii) Washroom: $8,000 (ix) Walkout basement: $10,000 Required: Estimate the selling price of Mr. Maxi's housu. ancial Planning, 6e: eBook Edit... pages: 335 / 580 ket rate. Should they make the switch? 10. Mr. Creary has hired you to estimate a selling price for his house using the direct market comparison method. You have compiled the following information: Features Sale Price Sale Time Lot Size House Size Washrooms Fireplace Finished Rec. Room Walkout basement Air Conditioning Creary's House N/A N/A 45' x 110 3000 s.f. Sale 1 $475,000 Recent 50' x 100 3500 s.r. Sale 3 $439,000 3 months ago 40 x 105 Sale 2 $420,000 2 months ago 55' x 100 3200 s.f. 2 No No Yes Yes 3000 s., Yes Yes No Yes Yes No Yes Yes 2 Yes Yes Yes No Additional information of Mr. Greary's property is given as follows: (i) Projected price increase per month: 3% (ii) Projected increase started: 6 months (iii) Frontage cost per foot: $2,500 (iv) Space cost per foot ($1,000/100): $10.00 (v) Air conditioning: $2,000 (vi) Fireplace: $5,500 (vii) Finished recreation room: $9,800 (viii) Washroom: $8,000 (ix) Walkout basement: $10,000 Required: Estimate the selling price of Mr. Maxi's housu