Property Valuation
In the sales comparison approach, if a comparable property sold for $320,000 and has a pool worth $15,000 that the subject property lacks, the appraiser should:
AAdd $15,000 to the subject's estimated value
BSubtract $15,000 from the comparable's sale price✓ Correct
CAdd $15,000 to the comparable's sale price
DIgnore the pool difference if the subject is in a desert climate
Explanation
In the sales comparison approach, adjustments are always made to the comparable, not the subject. If the comparable is superior (has a pool the subject lacks), the comparable's price is adjusted downward by the pool's value to equalize the comparison.
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