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An appraiser is appraising a three-bedroom home that only has one bathroom. The standard for the neighborhood is 2 bathrooms. From an analysis of the market, the appraiser believes a bathroom contributes $4,000 to the value of a home. If a comp property having three bedrooms and two baths recently sold for $126,000, and is similar in all other respects to the subject property, what value should be estimated for the subject property?
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