Property Valuation
What is an adjustment in the sales comparison approach?
AA change in listing price
BAdding or subtracting value to account for differences between comparable properties and the subject✓ Correct
CA correction to the appraisal for errors
DAn updated value after market changes
Explanation
In the sales comparison approach, adjustments are made to comparable sale prices to account for differences from the subject property. If a comparable is inferior, the price is adjusted upward (and vice versa).
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