Our appraisal has the following information:
Estimate from Cost-Depreciation $83000
Estimate from Income 89200
Estimate from Sales-Comparison$ 83100
Your neighborhood analysis has found that 24% of the recently sold properties were built in the last 3 years, 34% of the properties are rented, and the balance were resales. What is the value that you should report to the client using the weighted average approach?