Question: Given the following information Comparable 1 Comparable 2 Comparable 3 Sales Price $ 8 3 , 0 0 0 $ 8 5 , 5 0

Given the following information
Comparable 1 Comparable 2 Comparable 3
Sales Price $ 83,000 $ 85,500 $ 88,000
$ Adjust $ Adjust $ Adjust
Living Area $ +600 $ -1,200 $ -2,100
Lot Area $ +500 $ +300 $ -500
Age $ -800 $ +400 $ +0
a. What is the weight assigned to compare 1 using the squared value weighting scheme?
b. What is the estimated market value of the subject based on the squared value weighting
scheme?

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