Valuation Using the Sales Comparison and Cost $-$ HW $01($i$)$

Given the following information, determine the value of having an additional bathroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below.

$\backslash$table$[[,$Comparable $1,$Comparable $2,$Comparable $3,$Comparable $4],[$Time Sold,Today,$1$ Year Ago,Today,Today$],[$Bathrooms$,-1,1,2,2],[$Size$,3500$ sq$.$ ft$,3000$ sq$.$ ft$.,3500$ sq$.$ ft$,3000$ sq$.$ ft$.],[$Sale Price,$$150,000,$$$140,000,$$$160,000,$$$156,000]]$

Multiple Choice

$$4,000$

$$6,000$

$$10,000$Given the following information, determine the value of having an additional bathroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below.

$\backslash$table$[[,$Comparable $1,$Comparable $2,$Comparable $3,$Comparable $4],[$Time Sold,Today,$1$ Year Ago,Today,Today$],[$Bathrooms$,-1,1,2,2],[$Size$,3500$ sq$.$ ft$,3000$ sq$.$ ft$.,3500$ sq$.$ ft$,3000$ sq$.$ ft$.],[$Sale Price,$$150,000,$$$140,000,$$$160,000,$$$156,000]]$

Multiple Choice

$$4,000$

$$6,000$

$$10,000$

$$16,000$