Property Valuation
In an appraisal, what is an 'adjustment' in the sales comparison approach?
AA change made to the appraiser's fee
BA dollar or percentage change to a comparable's sale price to account for differences from the subject✓ Correct
CA revision to the appraisal after a reconsideration request
DA change in zoning that affects property value
Explanation
In the sales comparison approach, adjustments are made to comparable sale prices to account for differences between the comparable property and the subject property (e.g., extra bedroom, larger lot, pool).
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