Using the sales comparison approach

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Reference no: EM132039809

Suppose you are using the Sales Comparison Approach and comparable Sale 1 is in an average location and Sale 2 is in a good location. After adjusting for crop mix, buildings and time, Sale 1 sold for $950/acre and Sale 2 sold for $1,010/acre. Use this information to estimate the adjustment for location.

Reference no: EM132039809

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