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05-10-2022
Business

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you have been asked to estimate the value of a home for sale. the subject property has two bedrooms, two bathrooms, and is in good condition. a highly comparable property just sold near the subject recently. you will use this recent sale as the comp to estimate value of the subject property. the comp sold for $120,000. it has two bedrooms, one bathroom, and is in good condition. assume bedrooms are worth $4,000 and bathrooms are worth $2,500. based on all of these assumptions, what is the indicated value of the subject based on the comparable sale?

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