Business, 23.11.2019 06:31 Zaydblackwood06

You have been asked to use the sales comparison approach to determine the market value of a single-family residence that is in a high crime area. the house has 2 bathrooms and a pool. to perform your analysis you have obtained the following comparables:
comparable 1: located in a low crime area with 2 bathrooms and no pool. recently sold for $170,000.
comparable 2: located in a low crime area with 3 bathrooms and no pool. recently sold for $185,000.
comparable 3: located in a high crime area with 3 bathrooms and no pool. recently sold for $135,000.
comparable 4: located in a low crime area with 2 bathrooms and a pool. recently sold for $180,000.
what is the value of the subject property?
a. $120,000b. $130,000c. $135,000d. $140,000e. none of the above(show work)

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