Use the price per square foot of gross building, the price per square foot of land including building, and the price per front foot of land and select the best unit of comparison for calculating the subject property's value given the comparable data shown. For each potential unit of comparison calculate the coefficient of variation, using the unit of comparison with the lowest coefficient of variation calculate the value of the subject property. Gross Building Price per Price per Sq. Price per Sq. Area Sales Price Frontage Lot Depth Front Foot Ft. of Land Ft. of GBA 15,000 18,000 1. $125,987.00 215 246 $135,897.00 220 250 $145,800.00 245 285 22,000 $99,000.00 230 200 15,000 5. 22,000 $128,589.00 $175,000.00 216 255 6. 205 339 25,000 Subject Property 225 235 18,000 What is the value of the subject property? O $126,898 $128,152 $137,933 $148,565 O $122,898 O $112,655

Use the price per square foot of gross building, the price per square foot of land including building, and the price per front foot of land and select the best unit of comparison for calculating the subject property's value given the comparable data shown. For each potential unit of comparison calculate the coefficient of variation, using the unit of comparison with the lowest coefficient of variation calculate the value of the subject property. Gross Building Price per Price per Sq. Price per Sq. Area Sales Price Frontage Lot Depth Front Foot Ft. of Land Ft. of GBA 15,000 18,000 1. $125,987.00 215 246 $135,897.00 220 250 $145,800.00 245 285 22,000 $99,000.00 230 200 15,000 5. 22,000 $128,589.00 $175,000.00 216 255 6. 205 339 25,000 Subject Property 225 235 18,000 What is the value of the subject property? O $126,898 $128,152 $137,933 $148,565 O $122,898 O $112,655

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: If you can earn 12% interest compounded quarterly, how much is $900 paid to you 3 years in the…

Q: can i please get help with the rational formula question bellow, I just wanted to know what steps…

A: A grassed block of land 10 hectares, Area A=10 ha.An intensity of 40 mm/hr has been provided by the…

Q: Most real estate agents/professionals do not use the term 'situs,' rather they ask... What is your…

A: Situs is term that generally not used by many agents in real estate Situs means physical location…

Q: Use time and location indices given is the table to prepare the conceptual cost estimate of a…

Q: Interest of PhP1,904 was charged on a loan of PHP6,800 for 4 years. What simple annual rate of…

Q: John bought an old house in 2021, he spent 3 months to renovate and rented for 9 months before he…

A: Answer We know that Return on Investment as a percent is given by ROI = Net IncomeCost of…

Q: You are required to estimate cost of proposed 12-storey apartment project. The floor plan of one (1)…

Q: If Sana made a Php 30,000 investment in a friend's business and received Php 50,000 5 years later,…

A: The given problem can be solved using the formula for Compound interest.

Q: Valuation of real properties may be done in many ways. [S1] We expect that on a per-square-foot…

A: Explanation : Statement 1 : The valuation will be different for large and smaller building when it…

Q: Given the following information, what is the approximate value the subject property? Adjustments…

A: To estimate the value of the subject property, use the comparable property and make adjustments…

Q: 1. The consultant had visited each potential location and rated themaccording to each factor, as…

Q: Do the task as given and solve it with Excel. Show solutions.

A: To solve this task using Excel, we will first fill in the table with formulas for the calculations.…

Q: A dynamic measurement machine used by Renshaw Instruments had a netannual cash revenue (GI - E)…

A: Evaluating Investment Feasibility with Net Present WorthUnderstanding the ProblemWe're tasked with…

Q: A dynamic measurement machine used by Renshaw Instruments had a netannual cash revenue (GI - E)…

A: The first step is to calculate the annual depreciation of the machine. This can be done using the…

Q: Given a square kilometer of land, how many cars can be parked safely there? Determine the…

Concept explainers

Budget Estimating

The term budget signifies a plan over the long run, generally, a year that covers the financial expenses and revenues of any organization. This budget plan is known to estimate the growth and success of any organization. Civil engineering companies utilize project budgets for estimating project costs, construction costs, and other direct and indirect costs related to the project being undertaken. Project budget is a detailed statistical tool primarily used by project managers to estimate the overall project cost. The project budget is in the form of a document that includes all the costs which are incurred during the project undertaking and after the completion of the project. Large commercial projects have the project budget estimate in the form of large detailed pieces of documents which include every cost estimate regarding man and materials. Labor costs, material procurement costs, construction costs, and operational costs are some of the costs that are incurred during the project execution and planning phase.

Question

Use the price per square foot of gross building, the price per square foot of land including building, and the price per front foot of land and
select the best unit of comparison for calculating the subject property's value given the comparable data shown. For each potential unit of
comparison calculate the coefficient of variation, using the unit of comparison with the lowest coefficient of variation calculate the value of
the subject property.
Gross Building Price per Price per Sq. Price per Sq.
Area
Sales Price
Frontage
Lot Depth
Front Foot Ft. of Land Ft. of GBA
$125,987.00
215
246
15,000
2
$135,897.00
220
250
18,000
3
$145,800.00
245
285
22,000
$99,000.00
$128,589.00
230
200
15,000
216
255
22,000
6.
$175,000.00
205
339
25,000
Subject Property 225
235
18,000
What is the value of the subject property?
$126,898
$128,152
$137,933
O $148,565
O $122,898
O $112,655

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.

Similar questions

5. Use the provided chart to solve this problem. Show your work.
1. A construction company wants to know how much material they will need to construct a roadway. On a drawing, scaled H 1:250. V:1:100, total deficit areas were measured on paper in cm^2 along even 30 metre stations. Using the provided data convert the given areas to ground areas and then calculate the volume of material needed to complete the project. Areas (cm^2) Station 18.800 A 20.990 B 22.140 C 23.900 D 24.920 E Answer:
Notes: Answer all questions. Not all figures are to scale. Assume any values if you need them. bris orlf Q1/ A farm with dimensions and slopes shown in the figure below .If you asked to design a border irrigation system, find the width and number of the borders, Total time to irrigate the farm and the recession lag time if you know that Netw depth of irrigation = 63mm and the farm losses from irrigation= 22 mm and leaching requirement = 5 mm .Manning coefficient = 0.25, Application time for irrigation 90 minutes for each border, 10 Length of border equal to 300m. Width of the agricultural machine equal to 2.5m. lotin M bas alexan ari terb ansi Sx (ah M 21) etimo vasm wel ED megini qib ditw bisit 2019 dzwoni noitegini to some noite.com bo- nollegmi Sy-0.4% noiluloz (hEM 21) d Wmax 400CS n* 1000 Qu) 0.6 Slope of irrigation % Maximum border width 1000 d = S0.3 0-0.1 30 GDI 0.1-0.5 20 Qu60 Ta=L*1*. 1000 0.5-1 15 d² 1-2 12.5 T₁ = 1200 * Qu✶ Si 2-4 10 4-6 7.5
A land developer wants to develop a housing project of the 30-hectare area in your town/city (Toronto). The city welcomes developer as it will create development and tax sources. (N.B., 1 hectare =100m*100m) Prepare a report document for the developer for the suitability of land as possible development site. What is the things developer needs to do for getting approval from the city and attract potential buyers? Give your smart ideas as well. must be introduction of selected place in the city you have chosen, rationale of the choice and overall conclusion of the project. Hand sketching or photos are preferred to increase the readability of paper.
Answer fast and draw diagram.
Why would a BOD value of 8 be considered to be poor?
What should be included within interim valuations?
A $659,000 property is depreciated for tax purposes by its owner with the straight-line depreciation method. The value of the building, y, after x months of use is given by y = 659,000 − 1800x dollars. After how many months will the value of the building be $459,200? x = months