Please fill out the chart on the first picture and explain how you got this. plus the short questions at the end... Thanks!
Below is some information gathered to assist It has 11,500 square feet and is on a cormer lot. The "as of date" for the appraisal is December you in determining the value of the subject property lot. The subject property Is in Ku Hne Sales Price Sale Nu. Subdivision Location Size (Sq. Ft.) ate of Sale $29 10,000 December 12,000 December 12,000 December 11,000 December 12,000 December 11,000 December 10,000 December 10,000 December le Interior Kuhn's Comers olden Eagle olden Eagle Kuhn's Corners $47,500 544,500 36,000 $46,000 Comer Interior Interior $40,500 $30,500 $32,000 33,500 $29,000 s Comers Corner den Eagle uhn's Corners n's Corners Iden Eagle terior 10,000 December orner 10 ntersor Hint: You will need to determine the appropriate market driven adjustments for each difference so that you can compute the adjusted Sales Price. To that end, you may wish to compare the following: Adjustment for Subdivision: Look at sales 1 and Adjustment for Size: Look at sales 1 and 4 Adjustment for location: You figure out this one Use the adjustment grid below to prepare your answers: Adjusted Sales Price Sale Nu Sales Price Subdivision Location Size Sale Date $29,000 $47,500 544,300 $36,000 $46,000 . 40,500 530,500 $32,000 $33,500 $29,000 10 Question 1 Multiple Choice What is your estimate for the amount of the adjustment necessary to adjust for the difference in value from the Golden Eagle subdivision 1 points to the Kuhn's Kormers subdivision. O +$1,500 -$1,500 O $3,000 O -$3,000 +518,500 Multiple Choice What is you estimate of the adjustment necessary to adjust for the diffence in value from an interior lot to a comer lot? O +$1,500 Question 2 1 points -$1,500 O +$3,000 -$3,000 O +$18,500 Multiple Choice What is you estimate of the adjustment necessary to adjust for the diffence in value per square foot for the size of the lot? Question 3 1 points $5.50 $7.00 $7.75 $8.50 $9.25 Question 4 Multiple Choice What is the amount of the lot adjustment for comparable sale #4? 1 points $3,500 $3,500 $15000 $15000 8000 Question 5 Multiple Choice What is the total amount of the adjustments for comparable sale#107 -S6.000 1 points $6,000 $9,000 $12,000 $15,000 Question 6 Multiple Choice What is the indicated value of the subject property lot based on the average of the comparable sales? 5 points 538,000 541.000 544,000 $51.000 Below is some information gathered to assist It has 11,500 square feet and is on a cormer lot. The "as of date" for the appraisal is December you in determining the value of the subject property lot. The subject property Is in Ku Hne Sales Price Sale Nu. Subdivision Location Size (Sq. Ft.) ate of Sale $29 10,000 December 12,000 December 12,000 December 11,000 December 12,000 December 11,000 December 10,000 December 10,000 December le Interior Kuhn's Comers olden Eagle olden Eagle Kuhn's Corners $47,500 544,500 36,000 $46,000 Comer Interior Interior $40,500 $30,500 $32,000 33,500 $29,000 s Comers Corner den Eagle uhn's Corners n's Corners Iden Eagle terior 10,000 December orner 10 ntersor Hint: You will need to determine the appropriate market driven adjustments for each difference so that you can compute the adjusted Sales Price. To that end, you may wish to compare the following: Adjustment for Subdivision: Look at sales 1 and Adjustment for Size: Look at sales 1 and 4 Adjustment for location: You figure out this one Use the adjustment grid below to prepare your answers: Adjusted Sales Price Sale Nu Sales Price Subdivision Location Size Sale Date $29,000 $47,500 544,300 $36,000 $46,000 . 40,500 530,500 $32,000 $33,500 $29,000 10 Question 1 Multiple Choice What is your estimate for the amount of the adjustment necessary to adjust for the difference in value from the Golden Eagle subdivision 1 points to the Kuhn's Kormers subdivision. O +$1,500 -$1,500 O $3,000 O -$3,000 +518,500 Multiple Choice What is you estimate of the adjustment necessary to adjust for the diffence in value from an interior lot to a comer lot? O +$1,500 Question 2 1 points -$1,500 O +$3,000 -$3,000 O +$18,500 Multiple Choice What is you estimate of the adjustment necessary to adjust for the diffence in value per square foot for the size of the lot? Question 3 1 points $5.50 $7.00 $7.75 $8.50 $9.25 Question 4 Multiple Choice What is the amount of the lot adjustment for comparable sale #4? 1 points $3,500 $3,500 $15000 $15000 8000 Question 5 Multiple Choice What is the total amount of the adjustments for comparable sale#107 -S6.000 1 points $6,000 $9,000 $12,000 $15,000 Question 6 Multiple Choice What is the indicated value of the subject property lot based on the average of the comparable sales? 5 points 538,000 541.000 544,000 $51.000
