Property Valuation
An appraiser notes a comparable property sold for $300,000. The comparable has a pool, but the subject does not. The pool is estimated to contribute $15,000 in value. The appraiser should:
AAdd $15,000 to the comparable's sale price
BSubtract $15,000 from the comparable's sale price✓ Correct
CNo adjustment is needed
DAdd $15,000 to the subject's estimated value
Explanation
Since the comparable has a feature (pool) the subject lacks, a negative adjustment ($15,000 downward) is made to the comparable's price to equalize the comparison.
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