Property Valuation
In a Hampton Roads residential market, a property has 3 bedrooms, 2 baths, and a garage. If paired sales show the market values a garage at $12,000, and the comparable has no garage, the appraiser should make what adjustment to the comparable?
ASubtract $12,000 from the comparable
BAdd $12,000 to the comparable✓ Correct
CNo adjustment needed
DAdd $12,000 to the subject
Explanation
The comparable is inferior (no garage) vs. the subject (has garage).
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