Fill out the market analysis worksheet based on the following information. The Subject property is...
70.2K
Verified Solution
Question
Accounting
Fill out the market analysis worksheet based on the following information. The Subject property is located in the Grove Lakes subdivision at 221 Pretoria Rushing Road, Statesboro, GA. It is an eight room, 1 story, wood frame house with brick veneer on an average lot. The house has 3 bedrooms, 2 bathrooms and a carport. The yard is fenced and has a sprinkler system. A new roof was installed in the last 30 days. The house is in good condition at the time of inspection. You find the following four properties in Grove Lakes that have sold with in the last six months and are comparable to the subject property. 1) 109 Echo Way: 8 rooms, 3 bedrooms, 2 baths, brick veneer. There is no garage or carport. The house is in good condition being recently renovated with granite countertops in the kitchen. The house has a sprinkler system. The house was listed for $175,900 and sold for $175,900 in 1 day. 2) 109 Bedford Street: 7 rooms, 3 bedrooms, 1 baths, wood frame with brick veneer The lot is average; there is no garage or carport. The yard is fenced and has a sprinkler system. The house is in good condition. There is a 1220 outbuilding on the property. The house was listed for $164,900 and sold for $155,000 in 54 days. 3) 111 Prince Way: 9 rooms, 4 bedrooms, 3 baths, wood frame with brick veneer with a carport. The house is in good condition. The yard is fenced, and there is a storage shed. The house was listed for $225,000 and sold for $215,000 in 8 days. 4) 15 Ramble Road: 8 rooms, 3 bedrooms, 2 baths, wood frame with wood siding. The lot is average. The house is in good condition with granite countertops in the kitchen. The yard is fenced and has an outbuilding. The house has a carport. The house was listed for $195,000 and sold for $221,000 in 3 days. The following adjustments should be made for specific features. Bedroom: $4,000 Bath: $2,500 Fenced yard: $3,000 Outbuilding: $5,000 Granite Countertops: $1,800 Wood siding: $3,500 Carport: $6,000
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.