Question: Chapter 7 - Valuation Using the Sales Comparison and Cost Approaches 4. Given the following information, determine the value of having an additional bedroom. Assume

Chapter 7 - Valuation Using the Sales Comparison and Cost Approaches

Chapter 7 - Valuation Using the Sales Comparison and Cost Approaches 4. Given the following information, determine the value of having an additional bedroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below Comparable 1 Comparable 2 Today 1 Year Ago Comparable 3 Comparable 4 Today1 Year Ago Time Sold Bathrooms Bedrooms Se Pe50,000 $265,000 75000 $270000 S250,000$265,000 $275,000$270,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Ben Bitdiddle has invented a circuit with the transfer characteristics shown in Figure 1.47 that he would like to use as a buffer. Will it work? Why or why not? He would like to advertise that it is...

Valuation Using the Sales Comparison and Cost - HW 0 1 ( i ) Given the following information, determine the value of having an additional bathroom. Assume that the comparable properties are similar...

Please submit a scanned or photographed copy of your carefully hand-written solutions to the Topic 6 homework problems. (If you take photographs of individual pages with your phone or other device,...

Assignment Instructions 1 . Your TaskWelcome to this single - family home valuation assignment! Here you will build your skills in valuing single - family homes using the sales comparison...

QUESTIONS When fully amortizing loans call for equal periodic payments over the life of the loan they are known as O adjustable rate mortgages O early payment mortgages O interest-only mortgages O...

PLEASE ANSWER NUMBERS 8-11. I WILL GIVE A THUMBS UP FOR ALL ANSWERS THANKS 8) Given the following information, determine the value of having an additional bathroom. Assume that the comparable...

si matches > -Income 2. Grace Peacock: Attempt 2 sales comparison approach cost approach investment approach Question 9 (4 points) A comparable property sold 15 months ago for $125,000. If the...

Thank u guys:) This is the reference pages but the questions are the last 3 pictures . . . . Craft - Mason Wage rate VET $29.00 Hours worked 50 hours per week for 20 weeks and 40 hours per week for...

Assume 2 other comparable properties have adjusted sales prices of $800,000 and $810,000. Using all of the adjusted sales prices, what would you estimate the value of the subject property to be?...

please help! Thank you!" There is nothing missing. This is it. Please respond showing formulas for a thumbs up. Thank you. Step Instructions 1 Complete the steps below using cell references to given...

A single plant wide overhead rate can distort the cost of a particular product if there are more than one product being produced. If the product consumes less overhead then it has too much overhead....

Erica Stone works in an accounts payable department. She has attempted to convince her boss to take the discount on the 3/10 net 45 credit terms most suppliers offer, but her boss argues that giving...

XV . An 8 - bit ADC is used to sample over the range 0 to 2 . 5 . How would 0 . 5 be encoded? vi . 0 1 0 0 1 1 0 1 vii , 0 1 1 0 1 1 0 0 viii . 0 0 1 1 0 1 1 1 ix . 0 0 1 0 1 0 1 0 . None of the above

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

(Appendices) Courtney, age 22, is a junior at a large midwestern university. In late March, she filed applications for summer jobs with three companies. However, she does not want to start work until...

(Appendices) The Unemployment Insurance Modernization Act was included in the fiscal stimulus package of early 2009. The act was designed to modernize and make corrections to serious defects found in...

(Appendices) Kelly, age 35, spends most of her time at home taking care of her home and children. However, she works all day Friday and Saturday in her husbands computer store. She receives no...