What is the estimated value of a property if it has brick construction, a fireplace, and a single car garage with adjustments made according to neighboring properties

The estimated value of a property is determined by considering various factors that contribute to its overall appeal and functionality in comparison to similar properties in the area. In this case, the property possesses notable features such as brick construction, a fireplace, and a single-car garage, which commonly add value to residential real estate.

Brick construction is often associated with durability and lower maintenance costs, making such a property more desirable. The presence of a fireplace can enhance the living space's comfort and aesthetic, further increasing the property's market appeal. Additionally, a single-car garage not only provides practical storage and protection for vehicles but is also an attractive feature for potential buyers, particularly in regions where parking space can be limited.

To arrive at the final estimated value, adjustments have likely been made based on comparative properties in the neighborhood, reflecting how these features benchmark against similar homes. These adjustments help appraisers account for unique amenities that influence market value. The figure of $69,650 incorporates these comprehensive evaluations of the property alongside its advantageous characteristics, marking it as a plausible and supported valuation in the context of local market analysis.