Property Valuation
When using the sales comparison approach, an appraiser makes adjustments to comparables. If a comparable has a feature the subject property lacks, the appraiser will:
AAdd to the comparable's sale price
BSubtract from the comparable's sale price✓ Correct
CIgnore the difference
DAdd to the subject property's value
Explanation
If the comparable has a superior feature that the subject property lacks (e.g., an extra bathroom), the appraiser subtracts from the comparable's sale price to bring it in line with the subject property's value.
Related New York Property Valuation Questions
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