Property Valuation
When an appraiser adjusts a comparable sale upward by $5,000 for a feature the subject has but the comparable lacks, the adjustment means:
AThe comparable's value is reduced by $5,000
BThe comparable's adjusted price is increased by $5,000 to make it more like the subject✓ Correct
CThe subject's value is reduced by $5,000
DThe market value is automatically $5,000 higher
Explanation
When a comparable lacks a feature the subject has, the appraiser adds to the comparable's price (upward adjustment) to make it simulate the subject. The adjusted comparable price then reflects what it would have sold for if it had the feature.
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