Property Valuation
A Connecticut appraiser determines that the subject property has a swimming pool that adds $15,000 to value. A comparable sold for $450,000 without a pool. What is the adjusted comparable value?
A$435,000
B$450,000
C$465,000✓ Correct
D$480,000
Explanation
The subject has a pool; the comparable does not. The comparable is inferior in this feature, so add $15,000 to the comparable: $450,000 + $15,000 = $465,000.
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