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Property ValuationComparative Market AnalysisMEDIUM

When preparing a CMA, which difference between a comparable and the subject property would most likely require the largest value adjustment?

Correct Answer

B) One additional bathroom

An additional bathroom is a functional feature that buyers pay for, so it usually calls for a meaningful adjustment. Paint colour, landscaping style and light fixture brands are cosmetic or matters of taste, and they rarely justify a significant adjustment.

Answer Options
A
Different light fixture brands
B
One additional bathroom
C
Different exterior paint colours
D
Different landscaping styles

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Key Terms

CMA adjustmentsfunctional utilitybathroomscosmetic differencespaired sales
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