Given the Following Information, Determine the Value of Having an Additional

question 6

Multiple Choice

Given the following information, determine the value of having an additional 500 square feet of living space. Assume that the comparable properties are similar in all other attributes besides those listed in the table below. $$\begin{array} { | l | c | c | c | c | } \hline & \text { Comparable 1 } & \text { Comparable } 2 & \text { Comparable 3 } & \text { Comparable 4 } \\\hline \text { Time Sold } & \text { Today } & \text { Today } & 1 \text { Year Apo } & \text { Today } \\\hline \text { Bathrooms } & 1 & 1 & \mathbf { 2 } & \mathbf { 2 } \\\hline \text { Size } & 3500 \mathrm { sq } . \mathrm { ft } & \mathbf { 3 0 0 0 ~ s q . ~ f t . } & 3500 \mathrm { sq } . \mathrm { ft } & \mathbf { 3 0 0 0 } \mathrm { sq } . \mathrm { ft } \\\hline \text { Sale Price } & \$ 150,000 & 140,000 & \$ 160,000 & \$ 156,000 \\\hline\end{array}$$

• A) $4,000
• B) $6,000
• C) $10,000
• D) $16,000

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Definitions:

Object-relations Therapy

A form of psychoanalysis that emphasizes interpersonal relations, primarily in the family and especially between mother and child.

Supportive Therapy

A type of psychotherapy that focuses on reinforcing a patient's coping mechanisms and providing emotional support rather than directly addressing the root causes of a condition.

Ego Analysis

A psychoanalytic approach focusing on the ego's functions and its relationship with the demands of the id, superego, and external world.

Psychodynamic Therapy

A therapeutic approach that emphasizes understanding the influence of the past on present behavior and utilizes the relationship between therapist and client to gain insights.