Property Valuation
A comparable sold for $400,000 and has a 2-car garage worth $15,000 that the subject lacks. The appraiser should adjust the comparable by:
AAdding $15,000 to the subject's value
BSubtracting $15,000 from the comparable's sale price✓ Correct
CIgnoring the difference if it is less than 5% of the sale price
DAdding $15,000 to the comparable's price
Explanation
When a comparable has a feature superior to the subject, the appraiser adjusts the comparable DOWNWARD (subtracts the value) to make it equivalent to the subject. Adjusted comparable = $400,000 − $15,000 = $385,000.
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