Property Valuation
In the sales comparison approach, the subject property and comparable properties are analyzed based on:
AList price only
BRecent sale prices adjusted for differences from the subject property✓ Correct
COriginal purchase price with inflation adjustment
DTax assessed value
Explanation
In the sales comparison approach, recent sales of comparable properties are analyzed and adjusted to account for differences (e.g., location, size, condition, age) between each comparable and the subject property.
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