Question
Sales Comparison Approach: Market Data Grid Elements of Comparison Subject Comparable Sale #3 Site size 0.6 acres 0.52 acres Construction quality Brick Siding Effective age
Sales Comparison Approach: Market Data Grid
Elements of Comparison | Subject | Comparable Sale #3 |
Site size | 0.6 acres | 0.52 acres |
Construction quality | Brick | Siding |
Effective age | 5 yrs | 10 yrs |
Living area | 2,000 sq. ft. | 2,080 sq. ft. |
Number of baths | 2 | 2.5 |
Pool | Pool | None |
Amounts of the adjustment for each item: Lot size: $100,000 per acre; Construction quality: brick is the best quality, $4,000 adjustment if all siding; Age: $1,500 per year; Living area: $50 per square foot; Bath: $5,000; Pool: $10,000.
What are the adjustment factors for site size, age and pool for comparable sale #3?
A. | Negative 8,000 for site size; negative 7,500 for age; positive 10,000 for pool. | |
B. | Positive 8,000 for site size; positive 7,500 for age; positive 10,000 for pool. | |
C. | Negative 8,000 for site size; positive 7,500 for age; negative 10,000 for pool. | |
D. | Positive 8,000 for site size; negative 7,500 for age; positive 10,000 for pool. | |
E. | Negative 8,000 for site size; negative 7,500 for age; negative 10,000 for pool. | |
F. | Negative 8,000 for site size; positive 7,500 for age; positive 10,000 for pool. | |
G. | Positive 8,000 for site size; negative 7,500 for age; negative 10,000 for pool. | |
H. | Positive 8,000 for site size; positive 7,500 for age; negative 10,000 for pool. |
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