The single-family residence being appraised has no first-floor bathroom, an amenity that is now typical in the market. However, the first floor has adequate space for a bathroom to be installed. If the room had been installed as part of the original construction, the cost would have been $1,500. The current cost to install this amenity is $2,000. Calculate the curable functional obsolescence caused by this deficiency requiring an addition

Question 20 options:

1)

$500

2)

$2,000

3)

$2,500

4)

$1,500

5)	None of the above.