Property Valuation
In Louisiana, which of the following would be considered a 'negative adjustment' to a comparable sale in the sales comparison approach?
AThe comparable has a smaller lot than the subject
BThe comparable has a newer, larger garage than the subject property✓ Correct
CThe comparable is in a less desirable location
DThe comparable sold at a higher vacancy rate
Explanation
When a comparable is superior to the subject in a feature (newer, larger garage), a downward (negative) adjustment is made to the comparable's sale price. This brings the comparable down to the subject's level for that feature.
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