The additional value from an extra bedroom in a comparable property would be?

The additional value from an extra bedroom in a comparable property would be?

• A. 5,000
• B. 7,500
• C. 10,000
• D. 12,500

Answer: (B)

The additional value from an extra bedroom in a comparable property is often derived from market analysis, which reflects the preferences and behaviors of buyers in that particular area. In many real estate markets, an extra bedroom can significantly increase a property's appeal and ultimately its value. In this context, the choice of $7,500 as the additional value for an extra bedroom aligns with common valuation practices where adjustments are made based on comparable sales data. An increase of this amount indicates a reasonable appreciation for the extra bedroom while also considering the property's overall characteristics and the local market conditions. Real estate professionals often use recent sales data to calculate such adjustments, ensuring they remain aligned with current market trends, thus making this value a realistic estimate for the additional bedroom.

The additional value from an extra bedroom in a comparable property is often derived from market analysis, which reflects the preferences and behaviors of buyers in that particular area. In many real estate markets, an extra bedroom can significantly increase a property's appeal and ultimately its value.

In this context, the choice of $7,500 as the additional value for an extra bedroom aligns with common valuation practices where adjustments are made based on comparable sales data. An increase of this amount indicates a reasonable appreciation for the extra bedroom while also considering the property's overall characteristics and the local market conditions.

Real estate professionals often use recent sales data to calculate such adjustments, ensuring they remain aligned with current market trends, thus making this value a realistic estimate for the additional bedroom.