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Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price?
The first sold.
A competitive market analysis takes into consideration
square footage of the subject property.
When preparing a market data estimate of value, which of the following categories of adjustment is NOT essential?
The original cost of the building.
If all other factors are equal, in which location is a parking lot likely to bring the highest sales price?
Business district zoned for a six-story office building.
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