Recently, a property in the subject neighborhood sold twice: for $500,000 on 4-1-21 and for $525,000 on
Fantastic news! We've Found the answer you've been seeking!
Question:
Recently, a property in the subject neighborhood sold twice: for $500,000 on 4-1-21 and for $525,000 on 10-1-21. Based on this data and assuming a constant monthly rate of increase (compounded monthly), if you have a comp that sold for $475,000 on 3-15-21 and the as of date for estimating value of the subject is 10-15-21,Calculate the adjusted price of the comp for market condition.
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date: