Property Valuation
An appraiser in Morgantown, WV notes that all three sales comparison approach comparables require significant upward adjustments. This likely indicates:
AThe subject property is inferior to all comparable sales✓ Correct
BThe comparables are all superior to the subject property, requiring downward adjustments — not upward
CThe market has been declining
DThe comparables are priced too low
Explanation
When all comparables require significant upward adjustments, it means the comparables are inferior to the subject in the adjusted features. Upward adjustments are made to the comparable to account for the comparable's inferiority relative to the subject.
Related West Virginia Property Valuation Questions
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