Property Valuation
In the sales comparison approach, 'adjustments' are made to comparable properties to account for differences from the subject. If a comparable has a feature the subject lacks, the appraiser makes a:
APositive adjustment to the comparable's price
BNegative adjustment to the comparable's price✓ Correct
CNo adjustment is needed
DAdjustment to the subject property's price
Explanation
If the comparable is superior to the subject (has a feature the subject lacks), a negative adjustment is made to the comparable's price to equalize the comparison. The adjusted comparable price reflects what the comparable would have sold for if it were like the subject.
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