Given the following information, determine the value of havi…
Given the following information, determine the value of having an additional bedroom. Assume that the comparable properties are similar in all other attributes besides those listed below. Comparable 1 Comparable 2 Comparable 3 Comparable 4 Time Sold Today 1 Year Ago Today 1 Year Ago Bathrooms 2 2 2 3 Bedrooms 3 3 4 3 Sale Price $375,000 $365,000 $380,000 $367,500
Read DetailsGiven the following information, what adjustment would need…
Given the following information, what adjustment would need to be made to account for the living area difference between the Subject Property and Comparable Property? Adjustments Market Conditions -0.50% (per month) Lot Size $25,000 (per acre) Effective Age (Years) $1,000 (per year) Living Area (Sq. Ft) $45.00 (per sq. ft.) Bath $1,250 (per bath) Bedrooms $3,000 (per bedroom) Subject Property Comparable Property Time Sold Today 4 Months Ago Lot Size (Acres) 0.83 0.80 Effective Age (Years) 8 7 Living Area (Sq. Ft) 2,197 2,383 Bath 3.5 3.5 Bedrooms 4 4 Sale Price – $287,000
Read DetailsWhat was the first comprehensive law that numerically limite…
What was the first comprehensive law that numerically limited the immigrant groups that would be welcomed to live in the United States and established a “global racial and national hierarchy that favored some immigrants over others.”?
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