Yes No Yes Yes Yes 10. Mr. Creary has hired you to estimate a selling price for his house using the direct market comparison method. You have compiled the following information: Features Creary's House Sale 1 Sale 2 Sale 3 Sale Price NA $475,000 $420,000 $439,000 Sale Time NA Recent 2 months ago 3 months ago Lot Size 45' x 110 50 x 100 55 x 100 40' x 105 House Size 3000 s.r. 3500 s.r. 3200 s.r. 3000 s.r. Washrooms 3 3 2 2 Fireplace Yes Finished Rec. Room Yes No No Yes Walkout basement No Yes Yes Yes Air Conditioning Yes No Additional information of Mr. Greary's property is given as follows: (1) Projected price increase per month: 3% (ii) Projected increase started: 6 months (iii) Frontage cost per foot: $2,500 (iv) Space cost per foot ($1,000/100): $10.00 (v) Air conditioning: $2,000 (vi) Fireplace: $5,500 (vii) Finished recreation room: $9,800 (viii) Washroom: $8,000 (ix) Walkout basement: $10,000 Required: Estimate the selling price of Mr. Maxi's house. Yes No Yes Yes Yes 10. Mr. Creary has hired you to estimate a selling price for his house using the direct market comparison method. You have compiled the following information: Features Creary's House Sale 1 Sale 2 Sale 3 Sale Price NA $475,000 $420,000 $439,000 Sale Time NA Recent 2 months ago 3 months ago Lot Size 45' x 110 50 x 100 55 x 100 40' x 105 House Size 3000 s.r. 3500 s.r. 3200 s.r. 3000 s.r. Washrooms 3 3 2 2 Fireplace Yes Finished Rec. Room Yes No No Yes Walkout basement No Yes Yes Yes Air Conditioning Yes No Additional information of Mr. Greary's property is given as follows: (1) Projected price increase per month: 3% (ii) Projected increase started: 6 months (iii) Frontage cost per foot: $2,500 (iv) Space cost per foot ($1,000/100): $10.00 (v) Air conditioning: $2,000 (vi) Fireplace: $5,500 (vii) Finished recreation room: $9,800 (viii) Washroom: $8,000 (ix) Walkout basement: $10,000 Required: Estimate the selling price of Mr. Maxi's house