You and your spouse have purchased a new house for your growing family. You own your current house and, having recently gone into business for yourself, you are considering whether to sell the current house or convert it for your own use as a professional office. You acquired your current house three years ago at a cost of $239,000. Your maintenance expenses on the house average $300 a month and you pay annual property taxes of $5,200.A recent appraisal on the house valued it at $259,000. If you sell the house you will incur $15,000 in real estate fees. What value should you place on this house when analyzing the option of using it as a professional office?