Property Valuation
In Alaska, when an appraiser uses 'gross adjustments' to evaluate comparable sales quality, smaller gross adjustments generally indicate:
AA less reliable comparable with many differences from the subject
BA more reliable comparable that requires fewer modifications to represent the subject's value✓ Correct
CA property that sold below market value
DA property that is too different to use as a comparable
Explanation
Gross adjustments measure the total magnitude of all adjustments (positive and negative) to a comparable, regardless of direction. Smaller gross adjustments indicate a comparable that closely resembles the subject and required little modification — making it a more reliable value indicator.
Related Alaska Property Valuation Questions
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