According to the below sales adjustment grid, the adjustment for size should be $ ___...

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Question

Accounting

  1. According to the below sales adjustment grid, the adjustment for size should be $ ___ per square foot.

Comparables

Characteristic

Subject

1

2

3

4

Sale Price

?

$56,000

$60,000

$62,000

$63,000

Financing

Conv

Conv

Conv

Conv

Conv

Sale Date

1/89

1/89

1/89

1/89

1/89

Size in Square Feet

1,000

800

1,000

1,000

1,000

Exterior

Alum

Brick

Alum

Alum

Brick

Fireplace

1

1

1

1

1

Basement

Full

Full

Full

Full

Full

Age

16

20

20

18

20

Lot in Square Feet

18,700

18,700

18,700

18,700

18,700

Garage Sp

2

2

2

2

2

a. $20.00 b. $40.00 c. $35.00 d. $25.00 e. $30.00

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