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ValuationComparison_adjustmentsMEDIUM

When conducting a valuation using the comparison approach, which of the following factors would require the largest adjustment to a comparable sale?

Correct Answer

A) A 10% difference in land area

Land area differences typically require significant adjustments as land value forms a substantial portion of total property value. A 10% variance in land area would materially affect the comparable's reliability without adjustment.

Answer Options
A
A 10% difference in land area
B
Sale occurring 6 months ago in a stable market
C
Property located 2 kilometres away in similar suburb
D
Different floor plan but same number of bedrooms

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