Property Valuation
A South Carolina residential property has 4 bedrooms and 2 baths, while comparable sales have 4 bedrooms and 3 baths. How should the appraiser adjust?
ANo adjustment needed
BAdd value to the subject (subject is inferior, comparable is superior)
CSubtract value from the comparable (negative adjustment to comparable)
DBoth B and C are equivalent in practice✓ Correct
Explanation
When the comparable has a superior feature (extra bathroom), the appraiser makes a negative (downward) adjustment to the comparable's price to make it equivalent to the subject. Adding value to the subject and subtracting from the comparable are mathematically equivalent.
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