Property Valuation
In the sales comparison approach to value, an appraiser makes adjustments to comparable sales for differences between the comparable and the subject property. If a comparable sale has a feature the subject property lacks, the appraiser should:
AAdd the value of that feature to the comparable's sale price
BSubtract the value of that feature from the comparable's sale price✓ Correct
CDiscard the comparable and find a better one
DIncrease the subject property's estimated value
Explanation
When a comparable has a feature the subject lacks (making it superior), the appraiser subtracts the value of that feature from the comparable's price. The goal is to adjust the comparable to match the subject property.
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