Real Estate Math (alternative)
A Maryland home appraiser finds the subject property is 200 sq ft larger than a comparable that sold for $350,000. If the value per square foot is $150, the adjusted comparable value is:
A$320,000
B$350,000
C$380,000✓ Correct
D$390,000
Explanation
The comparable is inferior (fewer sq ft). Add value for the subject's superiority: 200 sq ft × $150 = $30,000 positive adjustment. Adjusted value = $350,000 + $30,000 = $380,000.
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