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A sales associate is preparing a CMA for property located in Arbor Hills. She finds three homes that sold recently: a four-bedroom home with a pool that sold for $190,000; a three-bedroom home with no pool that sold for $181,000; and a three-bedroom home with a pool that sold for $185,000. Based solely on this information, what does a swimming pool contribute to value in Arbor Hills?

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abiolataiwo2015

Answer:

$4,000

Explanation:

Three-bedroom home with a pool that sold for $185,000

Less three-bedroom home with no pool that sold for $181,000

Balance $4,000

Therefore based solely on this information, the amount the swimming pool contribute to value in Arbor Hills was $4,000

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