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Given the above information, what is the estimated value of the subject property using the average derived from the comparables?

Posted on May 17, 2022 by Shady

Problem: An appraiser is attempting to estimate the value of a house. The subject property has four bedrooms and a swimming pool. The appraiser has found three comparables that have recently sold: Comparable Sales Price Bedrooms Swimming Pool ___________________________________________________ 1 $110,000 5 No 2 $101,000 4 No 3 $104,000 3 Yes The appraiser estimates that […]

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