A houne sold for $495,000 (Price aftor all adunments), your anlysis determined that the lad value wan $106,000 ard that the impe to the site wore worth $15,000. What is the deprociated value of the bulding? Sale 1 Address 143 Golden road Dr. Net sale price (After adjustments) 495,000 Estimated land value 105,000 Site improvements value O$30,000 DS615,000 OThere is no enough information 15,000 5495 000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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QUESTION 3
A house sold for $495,000 (Price after all adusments), your analysis determined that the land value wan $105,000 and that the improvements
to the site were worth $15,000. What is the depreciated value of the building?
Sale 1
Address
143 Golden road Dr.
Net sale price (After adjustments)
495,000
Estimated land value
105,000
Site improvements value
15,000
O$390,000
OS615,000
OThere is no enough information
O$495,000
O$445,000
OS375,000
Transcribed Image Text:QUESTION 3 A house sold for $495,000 (Price after all adusments), your analysis determined that the land value wan $105,000 and that the improvements to the site were worth $15,000. What is the depreciated value of the building? Sale 1 Address 143 Golden road Dr. Net sale price (After adjustments) 495,000 Estimated land value 105,000 Site improvements value 15,000 O$390,000 OS615,000 OThere is no enough information O$495,000 O$445,000 OS375,000
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