Property Valuation
When two nearly identical properties in Missouri differ only in that one has a swimming pool and the other does not, and they sell for $240,000 and $225,000 respectively, the value of the pool is estimated at:
A$15,000✓ Correct
B$20,000
C$10,000
D$25,000
Explanation
Using paired sales analysis: Value of pool = $240,000 − $225,000 = $15,000. This market-derived adjustment would be used in the sales comparison approach.
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