Property Valuation
Which of the following would be the BEST comparable for a 3-bedroom, 2-bath, 1,500 sq ft ranch home in Burnsville, Minnesota?
AA 5-bedroom, 3-bath, 2,800 sq ft two-story home in Burnsville
BA 3-bedroom, 2-bath, 1,550 sq ft ranch home in Burnsville sold 2 months ago✓ Correct
CA 3-bedroom, 2-bath, 1,500 sq ft ranch home in Chicago sold last year
DA 3-bedroom, 2-bath condo in Burnsville
Explanation
The best comparable is as similar as possible to the subject in terms of size, style, location, and sale date. A nearly identical ranch home in the same city sold two months ago is the strongest comparable. Different cities, styles, or property types require major adjustments that reduce reliability.
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