A property comparable to the single-family home you are appraising sold three months ago for $462,000. You have determined that the adjustments required for differences in the comparable and subject...


A property comparable to the single-family home you are appraising sold three months ago for<br>$462,000. You have determined that the adjustments required for differences in the<br>comparable and subject property are as follows:<br>Transaction Characteristics<br>Property Rights Conveyed: none<br>Financing Terms: none<br>Conditions of Sale: none<br>Expenditures Immed. After Sale: +$3,000<br>Market Conditions (monthly, not compounded): +0.5%<br>Property Characteristics<br>Location: +3%<br>Physical Characteristics: -5%<br>Economic Characteristics: none<br>Use: none<br>Non-Realty Components: -$5,000<br>Making adjustments in the order found in Exhibit 7-6 in the textbook, what is the final<br>adjusted sale price of the comparable?<br>Your Answer:<br>

Extracted text: A property comparable to the single-family home you are appraising sold three months ago for $462,000. You have determined that the adjustments required for differences in the comparable and subject property are as follows: Transaction Characteristics Property Rights Conveyed: none Financing Terms: none Conditions of Sale: none Expenditures Immed. After Sale: +$3,000 Market Conditions (monthly, not compounded): +0.5% Property Characteristics Location: +3% Physical Characteristics: -5% Economic Characteristics: none Use: none Non-Realty Components: -$5,000 Making adjustments in the order found in Exhibit 7-6 in the textbook, what is the final adjusted sale price of the comparable? Your Answer:

Jun 09, 2022
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