One comparable requires a 45% gross adjustment while the others in the grid require under 10%. What does this indicate about that comparable?
Correct Answer
D) It is a weak comparable, and its indication should carry little weight
Why this is correct: at 45% gross adjustment nearly half the indication is the appraiser’s own estimates rather than market evidence, so the property was not really comparable to begin with. Why the other choices are wrong: net adjustment can be near zero on exactly this comparable, because large opposing adjustments cancel, which is why gross is reported at all; heavy adjustment is a measure of dissimilarity, not of effort or insight; and weighting it equally lets the least reliable indication pull the conclusion as hard as the best.
Why This Is the Correct Answer
Why this is correct: at 45% gross adjustment nearly half the indication is the appraiser’s own estimates rather than market evidence, so the property was not really comparable to begin with. Why the other choices are wrong: net adjustment can be near zero on exactly this comparable, because large opposing adjustments cancel, which is why gross is reported at all; heavy adjustment is a measure of dissimilarity, not of effort or insight; and weighting it equally lets the least reliable indication pull the conclusion as hard as the best.
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