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Business, 27.08.2019 21:30 salinasroel22

Asubject property has 2,800 square feet, 4 bedrooms, 3 baths, a 20,000 square foot lot, brick exterior, and is in "good" condition. the proposed sale price is $185,000. a comparable property sold for $175,000 three months ago. it has 3 bedrooms, 3.5 baths, 2,500 square feet, a 25,000 square foot lot, frame exterior, and is in "excellent" condition. the following adjustments are applicable: house size: $50 per square foot; lot size: $1.25 per square foot; bedrooms: $4,000 each; half bathroom: $750 each; brick exterior: $4,500 more than a frame exterior; excellent condition: $3,000 more than "good" condition. using this information, what is the indicated value of the subject property using the sales comparison approach? expert answer

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