Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. given the following information, what adjustment w

Given the following information, what adjustment would need to be made to account for the...

50.1K

Verified Solution

Question

Finance

image

Given the following information, what adjustment would need to be made to account for the living area difference between the Subject Property and Comparable Property? Market Conditions Lot Size Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Adjustments -0.50% (per month) $25,000 (per acre) $1,000 (per year) $45.00 (per sq. ft.) $1,250 (per bath) $3,000 (per bedroom) Time Sold Lot Size (Acres) Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Sale Price Subject Property Today 0.83 8 2,197 3.5 4 Comparable Property 4 Months Ago 0.80 7 2,383 3.5 4 $287,000 The price of the subject property must be adjusted downward by $8,370. The price of the subject property must be adjusted upward by $8,370 The price of the comparable property must be adjusted upward by $8,370. The price of the comparable property must be adjusted downward by $8,370

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The role of catalysts is critical in many chemical reactions. They have great consequence in the...

Chemistry
Q

Question 7 (1 point) When zinc is reacted with copper (II) chloride to produce zinc chloride and...

Chemistry
Q

2. Phase transformations and microstructural control in Fe-C alloy system For the Fe-C alloy of eutectoid composition (shown...

Mechanical Engineering
Q

A plane electromagnetic wave of frequency 100MHz is travelling in vacuum along the x direction...

Physics
Q

8 5 4 D

Geometry
Q

Write an expression that represents the total cost of making roughly 16 coffees at home...

Basic Math
Q

The following key figures (in sh. Million) have been ex Ltd for the financial yoar...

Accounting
Q

Question 14. A customer who had bought something paid us, and validly took the discount...

Accounting
Q

Assume that you own 2,100 shares of $6 par value common stock and the company...

Accounting
Q

Thompson Manufacturing must choose between two types of furnaces to install. Model A has a...

Accounting
Q

That was all the information given Instructions I. The assignment is to be submitted...

Accounting
Q

Part 1/2 Problem 20-3(Algo) Change in inventory costing methods; comparative income statements [LO20-2,203] ...

Accounting