Question
The subject property is located in a tract home neighborhood where there are only a few features that distinguish it from the other properties in
The subject property is located in a tract home neighborhood where there are only a few features that distinguish it from the other properties in this analysis.Sale 1, which sold for $405,000, is comparable the subject property, but has a 2-car garage that is valued at $10,000 per car. The subject property has a 1-car garage, but does not have a swimming pool. Sale 2 has a 2-car garage and a swimming pool, and sold for $420,000 with the pool valued at $15,000. Sale 3 sold for $385,000, but doesn't have a garage or a swimming pool. Answer the following questions: What is the appraised value for the subject property? Why did you select that appraised value? Attach your completed Excel spreadsheet.
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