Property Valuation
A Minnesota appraiser makes a 'negative adjustment' to a comparable sale. This means the comparable is:
AIn worse condition than the subject property
BSuperior to the subject in some way, requiring the appraiser to subtract value from the comparable✓ Correct
CInferior to the subject, requiring the appraiser to add value to the comparable
DLocated in a less desirable area than the subject
Explanation
When a comparable is superior to the subject (has a feature the subject lacks, or a better feature), the appraiser makes a negative (downward) adjustment to bring the comparable down to the subject's level. A positive adjustment is made when the comparable is inferior. The goal is to make each comparable equivalent to the subject for comparison purposes.
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