Below is some information gathered to assist you in determining the value of the subject property.
Your market research has indicated the following adjustments:
Adjustment for Subdivision: a $3000 premium is paid for Kuhn's Corners
Adjustment for Size: Properties seem to sell for about $45 per sq. ft.
Adjustment for age: The properties seem to depreciate in value at about 2% per year uncompounded. Simply multiply the difference in the number of years by 2% to get the adjustment.
Adjustment for Baths: Baths seem to be worth about $5000 more for each additional bath.
Adjustment for Garage Stalls: Additional Garage spaces are worth about $2000 each.
Adjustment for Date of Sale: .5% per month increase
Submit your answers in the following grid:
Remember: always adjust the comparable sale to reflect what it would have sold for if it was exactly like the subject property!!
The "as of date" for the appraisal is December.
The indicated value of the subject property using this approach is: