Sarah Fluggel is considering the purchase of ahome located at 2121 Tarter Circle in Frisco,Texas.The home has 3,000 square feet of heated and cooled living area,and the current owners are asking a price of $375,000 for it.

a. Use the information provided in the following table to determine an initial estimateof the value of the home Sarah is considering

	Comp #1	Comp #2
Sale price	#240,000	$265,000
Sq footage	2,240	2,145
Selling price/sq ft	$107.14	$123.54
Time on the market	61 days	32 days

b. After making her initial estimate of the value of the home, Sarah decided to investigate whether the owner