An appraiser values a property using the sales comparison approach and finds that a comparable property has a swimming pool worth $15,000 but the subject property does not. What adjustment does the appraiser make?

Explanation

In the sales comparison approach, adjustments are made to the comparable, not the subject property. Because the comparable has a feature (pool) the subject lacks, the comparable is superior; the appraiser subtracts $15,000 from the comparable's price to make it equivalent to the subject. Remember: CBS — Comparable Better, Subtract.