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

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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

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

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