Property Valuation
When performing a comparative market analysis (CMA), an agent adjusts comparable sale prices to account for differences from the subject property. If a comparable has a feature the subject lacks, the agent should:
AAdd value to the comparable's sale price
BSubtract value from the comparable's sale price✓ Correct
CIgnore the difference if it is less than $5,000
DAdd value to the subject property's estimated price
Explanation
If a comparable has a superior feature that the subject lacks (e.g., a garage), you subtract value from the comparable's price to make it equivalent to the subject property.
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