Property Valuation
An appraiser who adjusts a comparable's price upward by $5,000 for having one fewer bathroom than the subject property is applying which step of the sales comparison approach?
APaired sales analysis
BReconciliation
CAdjustment for elements of comparison✓ Correct
DGross rent multiplier analysis
Explanation
Making adjustments for differences between the subject and comparables (such as bathroom count) is the adjustment for elements of comparison step in the sales comparison approach.
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