Practice & MathQuestion 95 of 100
A comparable property sold for $310,000 but has an extra bathroom worth $10,000 that the subject property lacks. To adjust, the appraiser would:
a.Add $10,000 to the comparable's price
b.Subtract $10,000 from the comparable's price
c.Add $10,000 to the subject's price
d.Make no adjustment
Explanation
In the sales comparison approach, adjustments are made to the comparable, not the subject. Because the comparable is superior by one bathroom, the appraiser subtracts its $10,000 value to reflect what it would have sold for if it matched the subject. Superior features are subtracted, inferior ones added.
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