A subject property has 4 bedrooms; a comparable property has 3. A bedroom in that neighborhood is
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Question:
A subject property has 4 bedrooms; a comparable property has 3. A bedroom in that neighborhood is valued at $5,000. The comp does not have a basement; the subject does. The basement is valued at $8,000. The comp has a pool; the subject does not. A pool is valued at $4,000. The comp sold for $260,000.
Find the subject's estimate of value based on this comp?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: