If the comparables location is 10% better than the subject and the comparable sold for $350,000, what is the indicated value of the subject property?

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Multiple Choice

If the comparables location is 10% better than the subject and the comparable sold for $350,000, what is the indicated value of the subject property?

Explanation:
The indicated value of the subject property cannot be higher than the sold price of the comparable, therefore options A, C, and D are incorrect. Option B is the only correct answer as it is a reasonable approximation, given that the comparables location is 10% better.

The indicated value of the subject property cannot be higher than the sold price of the comparable, therefore options A, C, and D are incorrect. Option B is the only correct answer as it is a reasonable approximation, given that the comparables location is 10% better.

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