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Q12. A comparable property sold six months ago for $250,000. The adjustments for the various elements of comparison have been calculated as follows: Location: Market
Q12. A comparable property sold six months ago for $250,000. The adjustments for the various elements of comparison have been calculated as follows: Location: Market conditions: Physical characteristics: Financing terms: Adjustment for expenditure immediately after purchase: Property rights conveyed: Use: Economic Characteristics Nonrealty items: (-4) percent (+6) percent (+$10,500) (-$2500) (+$ 8,500) 0 None (+3.5) percent (-$3500) 1 Use the sales approach and make the adjustments in the order suggested from sequence of adjustments. What is the comparable's final adjusted sale price? a. $283990 b. $276990 c. 285669.00 d. 278557 e. None of the above
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