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Author Question: You are considering the purchase of a 2,300 square foot house that is being offered for $238,500. ... (Read 47 times)

Evvie72

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You are considering the purchase of a 2,300 square foot house that is being offered for $238,500. After researching recent home sales in the area, you find three that are comparable. The first was a 2,500 square foot home that sold for $225,000, the second was a 2,200 square foot home that sold for $200,000 and the third was a 2,000 square foot home that sold for $178,000. Based on your analysis, what would be a reasonable offer on the house? (Round all computations to the nearest dollar.)


◦ $210,000
◦ $207,000
◦ $205,000
◦ $201,000


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Marked as best answer by Evvie72 on Apr 14, 2019

31809pancho

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Evvie72

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Reply 2 on: Apr 14, 2019
Wow, this really help


jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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