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The estimated value of the subject property is exist276,000 (rounded) based on the average of the Totally Adjusted Selling Prices of all three sales. b.
The estimated value of the subject property is exist276,000 (rounded) based on the average of the Totally Adjusted Selling Prices of all three sales. b. The estimated value of the subject property is exist279,000 (rounded), based on comparable sale #3 which had an overall Total Net Adjustment of zero. c. The estimated value of the subject property is exist275, 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 exist273, 500 (rounded). Comparable #1 was given the most weight as it had minor adjustments with an overall Total Net Adjustment of only exist550 Appraiser Singh is working on an appraisal for 88 Luckmore Drive. Singh is trying to determine the price trend in the neighbourhood in order to make the necessary time adjustments to comparable sold properties. She has come across a property in the area that sold eight months ago for exist282,000 and resold 2 days ago for exist305, 500. Based on these two sales, what is the monthly percentage that Singh would use when calculating time adjustment (rounded to 2 decimal places)? a. + 1.04% b. + 0.96% c. + 1.19% d. + 1.10%
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