Property Valuation
An appraiser adjusting for location differences between the subject property and a comparable uses which type of adjustment?
APhysical adjustment
BTime adjustment
CLocation adjustment✓ Correct
DSize adjustment
Explanation
A location adjustment is made when the subject and comparable are in different locations that affect value — such as different neighborhoods, proximity to amenities or nuisances, corner versus interior lots, or different school districts. The location difference is quantified and applied as a dollar or percentage adjustment to the comparable.
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