Property Valuation
When using the sales comparison approach in a Florida appraisal, adjustments are made to the:
ASubject property's estimated value
BComparable sales prices to account for differences from the subject property✓ Correct
CBoth the subject and the comparables equally
DThe neighborhood average values
Explanation
In the sales comparison approach, adjustments are made to the COMPARABLE SALES prices (not to the subject). If a comparable has a feature the subject lacks, a negative adjustment is made to the comparable's price.
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