Using information below first apply the date of sale adjustment then apply other adjustments to the time adjusted sale price for each sales. Based on total adjustments for each sale, which one is the most similar to the subject? What is the indicated value range? (rounded) What is the estimated subject's market value as of July 12 (rounded) There are 3 nearby sales similar to the subject, all of which sold within 4 months of July 1st. The market is increasing at a steady rate. Local Real Estate Board statistics showed a 2% per month Increase at that time. Sale 3 is in Southgate, a slightly superior neighbourhood to Northview. A local Realtor advised that property's in Southgate sell for roughly 5% more. The properties are all 0.1 acre city lots, so no adjustment is needed. Local contractors advised that building costs for houses like the subject and comparable are $150 per square foot. . For age and condition, a local real estate appraiser advised that a depreciation rate of 1% per year is probably reasonable. . She also advised that the bedroom /bathroom and view adjustments below seemed reasonable for this market. ATTRIBUTE ACTUAL / MARKET VALUE INFORMATION / SALE 2 SALE 1 SALE 3 SUBJECT Description Adjustment Description Adjustment Description Adjustment Address 511 ST- Louis 600 St. Louis 344 Tousin 309 Clement Ay. Sale Price NA S316,000 S425.00 5594,000 Date of Sale NA March 1st, 2021 (%) ($) August 1st, 2021 (%) (S) Sept 1st, 2021 (9) (S) (S) (S) (S) ( Northview Northview Southgate Time Adjusted Sale Price NA Location / Neighbourhood Northview Lot Area or Dimension 0.1 - Acre Size of House 1.700 sf 0.1 - Acre 0.1 - Acre 0.1 - Acre 1,500 sf (S) 1,650 sf (S) 2.100 sf (S) Age of Condition of House 30yrs average 30yrs average (%) (%) (S) 25 yrs/above average (%) (S) 20 yrs/ good (S) Bedrooms / Bathrooms 4/2 3/1.5 +5% -17.064 4/1.5 +2% +8.330 5/2.5 -5% - 28,512 Area Finished Basement None None None None Topography Sight Lack View No View +5% -17,064 Slight lack view Lack View -5% - 28,512 NET ADJUSTMENTS (after Date of Sale Adjustment) (S) (5) (S) ADJUSTED SALE PRICE (after date of sale adjustment) (S) (S) (S) TOTAL ADJUSTMENTS as of Sale Price (%) (%) ()