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Valuation Using the Sales Comparison Approach A comparable property sold 4 months ago for $223,500. The adjustments for the various elements of comparison have been
Valuation Using the Sales Comparison Approach
A comparable property sold 4 months ago for $223,500. The adjustments for the various elements of comparison have been calculated as follows:
Location: +3 %
Market conditions: +0.6% per month
Physical characteristics: +1,500
Financing terms: -$2,500
Conditions of sale, Legal characteristics, Use: 0
Nonrealty items: +$5,200
Round your answers to the nearest hundred.
What is final adjusted sale price for the comparable?- please show work
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