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  3. given the following information, what adjustment w

Given the following information, what adjustment would need to be made to account for the...

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Finance

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Given the following information, what adjustment would need to be made to account for the living area difference between the Subject Property and Comparable Property? Market Conditions Lot Size Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Adjustments -0.50% (per month) $25,000 (per acre) $1,000 (per year) $45.00 (per sq. ft.) $1,250 (per bath) $3,000 (per bedroom) Time Sold Lot Size (Acres) Effective Age (Years) Living Area (Sq. Ft) Bath Bedrooms Sale Price Subject Property Today 0.83 8 2,197 3.5 4 Comparable Property 4 Months Ago 0.80 7 2,383 3.5 4 $287,000 The price of the subject property must be adjusted downward by $8,370. The price of the subject property must be adjusted upward by $8,370 The price of the comparable property must be adjusted upward by $8,370. The price of the comparable property must be adjusted downward by $8,370

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