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You have appraised a residence with three comparables, A adjusted to $102,000, B adjusted to $124,000, and C adjusted to $137,000. B sold most recently
You have appraised a residence with three comparables, A adjusted to $102,000, B adjusted to $124,000, and C adjusted to $137,000. B sold most recently and is most like the subject property, so you give it a weight of 40%. A and Care weighted equally. What is your final estimate of reconciled value? A subject property has four bedrooms, 2.5 baths, and is in good condition. A comparable sale has three bedrooms, 1 bath, and is in excellent condition. The comparable recently sold for $196,000. If each bedroom is worth $12,000; 0.5 baths equal $3,000; and the difference between good and excellent condition is $9,000; what is the indicated value of the subject A comparable property sold fourteen months ago for $160,000. Adjustments for various elements of comparison are as follows: location -6%, financing terms -$8,000, market conditions -4%, due to a severe economic downturn. What is the adjusted sales price of the subject
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