Q10. The sales approach makes two types of adjustments besides sequence of adjustments and they are: a. Dollars and percent b. discounting and compounding c. cash flow and present value d. IRR & NPV Q11. In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a particular transaction occurred. Property A sold 18 months ago for $235,000 and Property B sold 12 months ago for $215,000. If the two properties are priced today at $239,500 and $222,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for changes in market conditions? a. 0.09% b. 0.17% c. 0.19% d. 0.32% e. None of the above

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Q10. The sales approach makes two types of adjustments besides sequence of adjustments and they are:
a. Dollars and percent b. discounting and compounding c. cash flow and present value d. IRR & NPV
Q11. In using transaction data to determine the current value of the subject property, it is important to recognize that
general market conditions may have changed since a particular transaction occurred. Property A sold 18 months ago
for $235,000 and Property B sold 12 months ago for $215,000. If the two properties are priced today at $239,500 and
$222,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for
changes in market conditions?
a. 0.09%
b. 0.17%
c. 0.19%
Location:
Market conditions:
Physical characteristics:
Financing terms:
Adjustment for expenditure immediately after purchase:
Property rights conveyed:
Use:
Economic Characteristics
Nonrealty items:
d. 0.32%
Q12. A comparable property sold six months ago for $250,000. The adjustments for the various elements of
comparison have been calculated as follows:
e. None of the above
(-4) percent
(+6) percent
(+$10,500)
(-$2500)
(+$ 8,500)
0
None
(+3.5) percent
(-$3500)
Use the sales approach and make the adjustments in the order suggested from sequence of adjustments. What is
the comparable's final adjusted sale price?
a. $283990
b.
$276990
c. 285669.00 d. 278557
e. None of the above
Transcribed Image Text:Q10. The sales approach makes two types of adjustments besides sequence of adjustments and they are: a. Dollars and percent b. discounting and compounding c. cash flow and present value d. IRR & NPV Q11. In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a particular transaction occurred. Property A sold 18 months ago for $235,000 and Property B sold 12 months ago for $215,000. If the two properties are priced today at $239,500 and $222,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for changes in market conditions? a. 0.09% b. 0.17% c. 0.19% Location: Market conditions: Physical characteristics: Financing terms: Adjustment for expenditure immediately after purchase: Property rights conveyed: Use: Economic Characteristics Nonrealty items: d. 0.32% Q12. A comparable property sold six months ago for $250,000. The adjustments for the various elements of comparison have been calculated as follows: e. None of the above (-4) percent (+6) percent (+$10,500) (-$2500) (+$ 8,500) 0 None (+3.5) percent (-$3500) Use the sales approach and make the adjustments in the order suggested from sequence of adjustments. What is the comparable's final adjusted sale price? a. $283990 b. $276990 c. 285669.00 d. 278557 e. None of the above
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