Question: Q8. The final price for each comparable property reached after all adjustments have been made is fermed the: e. None of the above Q11. In

 Q8. The final price for each comparable property reached after all
adjustments have been made is fermed the: e. None of the above

Q8. The final price for each comparable property reached after all adjustments have been made is fermed the: e. None of the above Q11. In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a partcular tansaction occurred. Property A sold 18 months sgo lor $235,000 and Property B sold 12 months ago for $215,000. If the two properties are priced today at $239,500 and $222,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for changes in makkel condtions? a. 000% b. 0.17% 0.0.19% d. 0.32% -. None of the above

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!