Property Valuation
When an appraiser adjusts a comparable sale 'downward,' it means:
AThe comparable is inferior to the subject and the appraiser subtracts from the comparable's sale price
BThe comparable is superior to the subject in that feature, and the appraiser subtracts from the comparable's sale price✓ Correct
CThe comparable is in a less desirable neighborhood
DThe comparable sold more than 6 months ago and needs a time adjustment
Explanation
If a comparable is superior to the subject in a specific feature, the appraiser makes a downward adjustment to the comparable's sale price (subtracts the estimated value of that feature). This adjustment removes the premium the comparable received for being better than the subject.
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