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An appraiser evaluating a subject property discovers that comparable properties are selling at the rate of $27.00 per square foot plus $8,000 for the lot. If the subject property has building...

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An appraiser evaluating a subject property discovers that comparable properties are selling at the rate of $27.00 per square foot plus $8,000 for the lot. If the subject property has building dimensions of 22 feet by 48 feet and is 2 stories high, the appraiser's estimate of value is approximately
Answered Same Day Sep 23, 2022

Solution

Prince answered on Sep 23 2022
73 Votes
Sheet1
    Particular    Amount
    Length    22
    Width    48
    Square foot    1056
    Price per square foot    27
    Appraiser's estimate of value i    $28,512.00
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