Property Valuation
In the sales comparison approach, an appraiser found a comparable that recently sold for $285,000 but lacks a swimming pool that the subject property has, valued at $12,000. What is the adjusted sale price of the comparable?
A$273,000
B$285,000
C$297,000✓ Correct
D$312,000
Explanation
The comparable lacks a feature the subject has. Add the pool value to the comparable: $285,000 + $12,000 = $297,000.
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