Question

Given the following information, determine the value of having an additional bedroom. Assume that the comparable...

Given the following information, determine the value of having an additional bedroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below.

Comparable 1

Comparable 2

Comparable 3

Comparable 4

Time sold

Today

1 year ago

Today

Today

Bathrooms

2

2

2

2

Size

3

3

4

3

Sale price

$375,000

$365,000

$380,000

$367,500

A) $2,500

B) $5,000

C) $7,500

D) $10,000

I know the ans is B, but cant it also be 12500?

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