SRA Practice Questions - SRA Appraisal Institute Residential Designation Exam

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A subject property has 2,400 sq ft GLA. Comparable 1 has 2,200 sq ft GLA and sold for $440,000. Market analysis indicates GLA contributes approximately $85/sq ft. What is the size-adjusted price of Comparable 1?

$$423,000 $$440,000 $$457,000 $$474,000

Correct Answer:

$$457,000

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