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Someone help me for $120.00. people gave me wrong multiple choice answers Question 37: Appraiser Wagner is completing an apprasial of the property at 76
Someone help me for $120.00. people gave me wrong multiple choice answers
Question 37: Appraiser Wagner is completing an apprasial of the property at 76 Oakland Road. H eis now reviewing the information from each of the three comparable properties that he used in the direct Comparison Approah
264,500 276 500 price 264,150 +8,750 Time Adjustment 278,775 264,500 272,900 Time Adjusted Sale Price Location 1250 E2000 Lot Size +5,100 Building Size Rec Room Garage +3,500 Bathrooms +6,000 Condition Fireplaces 2,000 -2,000 Skylights 1,700 +550 +11,100 Total Net Adjustment Totally Adjusted Selling Price 275,600 278,775 273,450 a The estimated value of the subject property is $276,000 (rounded) based on the average of the Totally Adjusted Selling Prices of all three sales. b The estimated value of the subject property is $279,000 (rounded), based on comparable sale #3 which had an overall Total Net Adjustment of zero c The estimated value of the subject property is $275,500 (rounded) based mainly on comparable #2 which was a recent sale with the least number of adjustments. d The estimated value of the subject property is $273,500 (rounded). Comparable was given the most weight as it had minor adjustments with an overall Total Net Adjustment of only $550 38 Appraiser Singh is working on an appraisal for 88 Luckmore Drive. Singh is trying to determine the price trend i She has he neighbourhood in order to make the necessary time adjustments to comparable sold properties for come across a property in the a that sold eight months ago for $282,000 and resold 2 days ago $305,500. Based on these two s what is the monthly percentage that Singh would use when calculating time adjustment (rounded to 2 decimal places)? +1.04% b +0.96% +1.19% d +1.10%Step by Step Solution
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