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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
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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 properties are 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? 0.09% 0.175 0.19% 0.32

User Yashira
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Answer:

The monthly growth rate for property A is 0.1052

The monthly growth rate for property B is 0.2789

Step-by-step explanation:

Please see attachment.

In using transaction data to determine the current value of the subject property. It-example-1
In using transaction data to determine the current value of the subject property. It-example-2
User Roman Prykhodchenko
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