6-1sol - available in the nearby houses. c. If the ask...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
PROBLEM 6-1 Given Comp #1 Comp #2 2121 Tartar Circle Sale price $240,000.00 $265,000.00 Square footage 2,240 2,145 3,000 Selling price/sq ft $107.14 $123.54 Time on the market 61 days 32 days Solution a. Average price per square foot $115.34 Estimated Value $346,028.97 b. Are there any unique features of the house: e.g., swimming pool or other special feature not
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: available in the nearby houses. c. If the ask price was $315,000, it is worth buying. Solution Legend = Value given in problem = Formula/Calculation/Analysis required = Qualitative analysis or Short answer required = Goal Seek or Solver cell = Crystal Ball Input = Crystal Ball Output...
View Full Document

Page1 / 2

6-1sol - available in the nearby houses. c. If the ask...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online