Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. using the direct sales comparison approach and the

Using the Direct Sales Comparison Approach and the following data calculate the indicated market value...

70.2K

Verified Solution

Question

Accounting

image
Using the Direct Sales Comparison Approach and the following data calculate the indicated market value for each comparable. (your must show-achart and be neat forpartiateredit Subject House 2,000SF,3 bedrooms, 1 baths, 2 fireplace, 2 -car attached garage Central air, 1 acre lot, condition good Comparable \#1 4-bedroom, 2 bath, 2,200 SF, 1-car attached garage, no central air, no fireplace, 2 acre lot, Sold for $190,000, condition good Comparable \#2 3-bedroom, 2 bath, 1-car attached garage, one fireplace, central air, 2,100SF,2 acre lot, swimming pool Sold for $175,000, condition good Comparable #3 Condition average, 1 acre lot, Sold for $165,000,4 bedrooms, 2 bath, 1 car attached garage, no fireplace, central air, 1,900 SF Adjustment Factors for above reconciliation; fireplace $2,000; bedrooms $1,000; one car attached vs. two car attached garage $8,000; size $50 per SF; pool $4,000, bath $8,000; central air $3,000; pool $4,000, an acre of lot $10,000, condition average to good $5,000

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

6) Given: (a) f (x) = (2x^2)/(x^2 −1) - Calculate f ′(x) and f ″(x) -...

Basic Math
Q

A young couple buying their first home borrow $65,000 for 30 years at 7.4%, compounded monthly,...

Basic Math
Q

A researcher is interested in whether college students get enough sleep. She suspects that they get less...

Statistics
Q

The number of words in the active vocabulary of children of a particular age is normally...

Statistics
Q

describe Forecasting Energy needs in the utility industry to look at how they determine what amount...

General Management
Q

A A B B C C D D Ovule Style Filament Ovary stamen D B...

Biology
Q

The density of gold is 19 3 grams per cm What is the mass of...

Geometry
Q

Jan 31 12 30 30 06 Watch help video Given f x 3x 5 find...

Basic Math
Q

A retail firm has a sales price of $23 per unit and variable costs of...

Accounting
Q

Sunland completed painting the interior of the Sands Hotel at a cost of...

Accounting
Q

Part 1: Accounts Receivable and MUS Sampling The following information is available for...

Accounting
Q

List and briefly discuss the positive and negative limbs of $8-1 ITAA1997.

Accounting