Property Valuation
A Massachusetts appraiser determines that a comparable property has an inferior kitchen worth $12,000 less than the subject's kitchen. The appraiser should:
ASubtract $12,000 from the subject's value
BAdd $12,000 to the comparable's sales price✓ Correct
CSubtract $12,000 from the comparable's sales price
DMake no adjustment since kitchens rarely affect value
Explanation
When a comparable is inferior to the subject, add the difference to the comparable's price to bring it up to the subject's level. If the comparable's kitchen is worth $12,000 less, add $12,000 to the comparable's price.
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