[Answer] A 2 800 square foot NEW HOME recently sold for $660 000. The site value was $180 000. The subject home has 2 945 square feet. What was the indicated cost of the subject home?$660 000 – $180 000 = $480 000 cost new. $480 000 divided by 2 800 = $171.43 2 945 x $171.43 = $504 861

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A 2 800 square foot NEW HOME recently sold for $660 000. The site value was $180 000. The subject home has 2 945 square feet. What was the ind…

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