In estimating the market value of a single-family dwelling, you analyze 12 sales and list the followingfeatures
Question:
In estimating the market value of a single-family dwelling, you analyze 12 sales and list the following features with respect to each property.
Using two sets of paired sales analysis, answer the following five questions.
Hint: for instance, when trying to find the adjustment for air conditioning, you need to find a sale with air conditioning and one without. The difference between the two comparables should indicate the market value of the air conditioning. For each adjustment, two or more sets of pairings should be used to support your findings as one set of pairings may not be a true example of market behavior
9. A property with a poorer location has to be adjusted how much in relation to better located properties?
(1) -$10,500
(2) +$8,100
(3) +$10,500
(4) -$8,100
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Management Information Systems Managing the Digital Firm
ISBN: 978-0133050691
13th edition
Authors: Ken Laudon, Jane P. Laudon
