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this is literally all that aas provided for the problem. i dont have any other information to give 1. You have been asked to appraise
this is literally all that aas provided for the problem. i dont have any other information to give
1. You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorrow. You found a comparison property that sold for $275,000 four weeks ago. It has three bedrooms and three bathrooms. You estimate that values have been decreasing at a rate of $2,000 per week since the comparison property transacted. Each bedroom is worth $30,000 and a bathroom is worth $15,000 in the respective market. What is the adjusted price for the subject property? Subject Comparison 275000 4 weeks Now Attribute Price Time Bedrooms Bathrooms Adjusted Price Adjustment 275000 -8000 30000 -15000 252000 2. Assume that your neighbor's house at 526 Howell Avenue sells tomorrow for its asking price of $175,143. a. Identify a neighboring property and pretend that it is your house. i. Website utilized: ii. House address: b. What might you expect your house to sell for taking into account the following adjustment values? Use the table below. each bedroom is worth $25,000 a bathroom is worth $10,000 an off-street parking space is worth $5,000 500 square feet is valued at $15,000. Subject Comparison Adjustment Attribute Price | Bedrooms Bathrooms Parking space | Square footage Adjusted Price T T 1. You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorrow. You found a comparison property that sold for $275,000 four weeks ago. It has three bedrooms and three bathrooms. You estimate that values have been decreasing at a rate of $2,000 per week since the comparison property transacted. Each bedroom is worth $30,000 and a bathroom is worth $15,000 in the respective market. What is the adjusted price for the subject property? Subject Comparison 275000 4 weeks Now Attribute Price Time Bedrooms Bathrooms Adjusted Price Adjustment 275000 -8000 30000 -15000 252000 2. Assume that your neighbor's house at 526 Howell Avenue sells tomorrow for its asking price of $175,143. a. Identify a neighboring property and pretend that it is your house. i. Website utilized: ii. House address: b. What might you expect your house to sell for taking into account the following adjustment values? Use the table below. each bedroom is worth $25,000 a bathroom is worth $10,000 an off-street parking space is worth $5,000 500 square feet is valued at $15,000. Subject Comparison Adjustment Attribute Price | Bedrooms Bathrooms Parking space | Square footage Adjusted Price T T Step by Step Solution
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