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Please show your work! You have been asked to estimate the value of a home for sale. The subject property has three bedrooms, one bathroom,
Please show your work!
You have been asked to estimate the value of a home for sale. The subject property has three bedrooms, one bathroom, and is in good condition. A highly comparable property just sold near the subject recently. You will use this recent sale as the comp to estimate value of of the subject property. The comp sold for $137,000. It has three bedrooms, two bathrooms, and is in good condition. Assume bedrooms are worth $5,000 and bathrooms are worth $3,000. What is the indicated value of the subject property based on the comparable sale? YourStep by Step Solution
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