What is the final adjusted sale price of the comparable

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A property comparable to the single-family home you are appraising sold three months ago for $453,000. You have determined that the adjustments required for differences in the comparable and subject property are as follows:

Transaction Characteristics

Property Rights Conveyed: none

Financing Terms: none

Conditions of Sale: none

Expenditures Immed. After Sale: $3,000

Market Conditions (monthly, not compounded): 0.5%

Property Characteristics

Location: 3%

Physical Characteristics: -5%

Economic Characteristics: none

Use: none

Non-Realty Components: -$5,000

Making adjustments in the order found in Exhibit 7-6 in the textbook, what is the final adjusted sale price of the comparable?

Reference no: EM132466103

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