The subject has a two-car garage and a comparable has a one-car garage. Paired sales support $9,000 per bay. What adjustment applies to the comparable?
Correct Answer
C) +$9,000
Why this is correct: the comparable is short one bay and is therefore inferior. Calculation: 1 × $9,000 = +$9,000. Why the other choices are wrong: -$9,000 adjusts the inferior property downward; +$18,000 pays for two bays when the difference is one; +$4,500 halves a rate that paired sales already state per bay.
Why This Is the Correct Answer
Why this is correct: the comparable is short one bay and is therefore inferior. Calculation: 1 × $9,000 = +$9,000. Why the other choices are wrong: -$9,000 adjusts the inferior property downward; +$18,000 pays for two bays when the difference is one; +$4,500 halves a rate that paired sales already state per bay.
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