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Given the following information, what adjustment would need to be made to account for the lot size difference between the Subject Property and Comparable Property? Market Conditions Lot Size Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Time Sold Lot Size (Acres) Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Sale Price. Multiple Choice 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) 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

Given the following information, what adjustment would need to be made to account for the lot size difference between the Subject Property and Comparable Property? Market Conditions Lot Size Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Time Sold Lot Size (Acres) Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Sale Price. Multiple Choice 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) 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

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Given the following information, what adjustment would need to be made to account for the lot size difference between the Subject Property and Comparable Property? Market Conditions Lot Size Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Time Sold Lot Size (Acres) Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Sale Price. Multiple Choice 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) 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
Transcribed Image Text:Given the following information, what adjustment would need to be made to account for the lot size difference between the Subject Property and Comparable Property? Market Conditions Lot Size Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Time Sold Lot Size (Acres) Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Sale Price. Multiple Choice 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) 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
Bath Bedrooms Sale Price Multiple Choice 3.5 4 2,383 3.5 4 $287,000 The price of the subject property must be adjusted upward by $750. The price of the subject property must be adjusted downward by $750. The price of the comparable property must be adjusted upward by $750. The price of the comparable property must be adjusted downward by $750
Transcribed Image Text:Bath Bedrooms Sale Price Multiple Choice 3.5 4 2,383 3.5 4 $287,000 The price of the subject property must be adjusted upward by $750. The price of the subject property must be adjusted downward by $750. The price of the comparable property must be adjusted upward by $750. The price of the comparable property must be adjusted downward by $750
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