You have an appointment to list Mr. and Mrs. Duval's property and are trying to determine a listing price based on the direct comparison approach. On a previous visit, you compiled the following information. The Duval property is a 3 bedroom bungalow with a 4 piece bathroom. It is on a 55 times 135 foot lot with a double garage. There is a recreation room, a fireplace but no walkout, the size of the building is 121 square metres and the home is in a good location. You have researched the following comparables: 53 Conklin Street sold 5 months ago for exist132,000 Building size is 125 sq. m, there is a walkout basement and a fireplace. The lot size is 52 times 130 feet and it has 1-4 piece bathroom. There is a recreation room, single garage and it is in a fair location. It is similar to the subject in all other respects 197 Atkinson Drive sold 3 months ago for exist126, 300. There is 1-4 piece bathroom and 1-2 piece washroom but no fireplace Building size is 126 sq.m. and lot size is 55 times 128 feet. It has a single garage, no recreation room and is in a fair location. It is similar to the subject in all other respects 87 Maple Avenue sold 1 month ago for exist138,000. Location is same as the subject and has a recreation room and fireplace Building size is 124 sq.m., lot size is 55 times 132 feet 1-4 piece bathroom and single car garage It is similar to the subject in all other respects. Note the following: Sale prices have risen gradually and evenly by a total of 6% over the last year. Lots in the area sell for exist1, 200 per front foot. Construction costs are exist710 per square metre. 2-piece washrooms add exist1, 500 to value. Single garages add exist4,000 to value while double garages add exist8, 500 to value.middot Finished recreation rooms add exist5,000 to value. A fair location is estimated to be worth exist6,000 less than a good location. Fireplaces add exist4,000 to value. A walk out basement adds exist3, 500 to value. Based on the information provided and using the direct comparison approach, answer the following four questions. You have an appointment to list Mr. and Mrs. Duval's property and are trying to determine a listing price based on the direct comparison approach. On a previous visit, you compiled the following information. The Duval property is a 3 bedroom bungalow with a 4 piece bathroom. It is on a 55 times 135 foot lot with a double garage. There is a recreation room, a fireplace but no walkout, the size of the building is 121 square metres and the home is in a good location. You have researched the following comparables: 53 Conklin Street sold 5 months ago for exist132,000 Building size is 125 sq. m, there is a walkout basement and a fireplace. The lot size is 52 times 130 feet and it has 1-4 piece bathroom. There is a recreation room, single garage and it is in a fair location. It is similar to the subject in all other respects 197 Atkinson Drive sold 3 months ago for exist126, 300. There is 1-4 piece bathroom and 1-2 piece washroom but no fireplace Building size is 126 sq.m. and lot size is 55 times 128 feet. It has a single garage, no recreation room and is in a fair location. It is similar to the subject in all other respects 87 Maple Avenue sold 1 month ago for exist138,000. Location is same as the subject and has a recreation room and fireplace Building size is 124 sq.m., lot size is 55 times 132 feet 1-4 piece bathroom and single car garage It is similar to the subject in all other respects. Note the following: Sale prices have risen gradually and evenly by a total of 6% over the last year. Lots in the area sell for exist1, 200 per front foot. Construction costs are exist710 per square metre. 2-piece washrooms add exist1, 500 to value. Single garages add exist4,000 to value while double garages add exist8, 500 to value.middot Finished recreation rooms add exist5,000 to value. A fair location is estimated to be worth exist6,000 less than a good location. Fireplaces add exist4,000 to value. A walk out basement adds exist3, 500 to value. Based on the information provided and using the direct comparison approach, answer the following four questions