(Answered) A comparable property sold six moths ago for 150000 the

Finance

A comparable property sold six moths ago for $150,000. The adjustments for the various elements of comparison have been calculated as follows:

Location: -5 percent

Market conditions: +8 percent
Physical characteristics: +$12,500
Financing terms: -$2,600
Conditions of sale: 0
Legal characteristics: 0
Use: 0
Nonrealty items: -$3,000

(Note that the term "Legal characteristics" should be replaced with the term "property rights conveyed")

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