answer question 8 please

118 Part IN Estimating Value: The Sales Comparison Approach a. Appraise the subject using an assessed value/price ratio. b. How does this value relate to the $115,500 estimated "traditionally"? 8. Below is information on five comparables that are to be used to appraise a subject property as of October 1996. All of the comparables sold within a few weeks of the date of appraisal. Prior paired sales analysis indicates an upward adjustment of $2.000 for a storage building. Estimate the value of the subject Subject #2 #3 #4 #5 N/A Sales price Financing Sq. footage Lot size Location Architecture Garage Bedrooms/ bath Air cond. Storage 1,711 80 X 140 Average Ranch 2-Attached $134,800 Conventional 1,661 80 X 140 Average Ranch 2-Attached $146,000 Conventional 1.684 80 X 140 Above Ave. Ranch 2-Attached $ 136,600 Conventional 1,607 80 X 140 Above Ave. Ranch 2-Attached $134.000 Conventional 1,436 80 X 140 Above Ave. Ranch 2-Attached $156,000 Conventional 1,810 80 X 140 Above Ave. Ranch 2-Attached 3-1 Central Yes 3-1 Central No 3-1% Window No 3-1 Central No 3-17 Window No 3-17 Central No 118 Part IN Estimating Value: The Sales Comparison Approach a. Appraise the subject using an assessed value/price ratio. b. How does this value relate to the $115,500 estimated "traditionally"? 8. Below is information on five comparables that are to be used to appraise a subject property as of October 1996. All of the comparables sold within a few weeks of the date of appraisal. Prior paired sales analysis indicates an upward adjustment of $2.000 for a storage building. Estimate the value of the subject Subject #2 #3 #4 #5 N/A Sales price Financing Sq. footage Lot size Location Architecture Garage Bedrooms/ bath Air cond. Storage 1,711 80 X 140 Average Ranch 2-Attached $134,800 Conventional 1,661 80 X 140 Average Ranch 2-Attached $146,000 Conventional 1.684 80 X 140 Above Ave. Ranch 2-Attached $ 136,600 Conventional 1,607 80 X 140 Above Ave. Ranch 2-Attached $134.000 Conventional 1,436 80 X 140 Above Ave. Ranch 2-Attached $156,000 Conventional 1,810 80 X 140 Above Ave. Ranch 2-Attached 3-1 Central Yes 3-1 Central No 3-1% Window No 3-1 Central No 3-17 Window No 3-17 Central No