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13 October, 07:22

The subject property does not have a pool or a screen porch. A comparable that sold for $205,000 has a $1,000 screen porch, one more $2,500 half-bathroom, and a $6,000 pool. Assuming all else is equal, what is the adjusted value of the comparable? A. $200,500B. $195,500C. $214,500D. $207,500

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  1. 13 October, 09:15
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    B, $195,500

    Explanation:

    A comparable sold for $205,000

    But it has:

    $1,000 screen porch

    $2,500 half - bathroom

    $6,000 pool.

    Adding up the extra options, we have

    $1,000 + $2,500 + 6,000 = $9,500

    To calculate the adjusted value of the comparable, we subtract the cost of tthe added options from the sale price.

    i. e $205,000 - $9,500 = $195,500.

    Cheers.
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