1. The subject property is located in a tract home neighbourhood where there are only a few features that distinguish it from the other properties in this analysis. 
2. 
   
3. Sale 1 , which sold for $405,000, is comparable the subject property, but has a 2-car garage that is valued at $10,000 per car. The subject property has a 1-car garage, but does not have a swimming pool. 
4. 
   
5. Sale 2 has a 2 -car garage and a swimming pool, and sold for $420,000 with the pool valued at $15,000. 
6. 
   
7. Sale 3 sold for $385,000, but doesn't have a garage or a swimming pool. 

Questions

1. a. What is the appraised value for the subject property?
2. 
   
3.  b. Why did you select that appraised value?

Answer rating: 100% (QA)

a Based on the information provided we can use the sales comparison approach to estimate the appraised value for the subject property Using the inform... View the full answer