In the sales comparison approach, appraisal adjustments are made to which of the following?
Correct Answer
B) The comparable properties only
In the sales comparison approach, adjustments are always made to the comparable properties, never to the subject property. If a comparable is superior to the subject in a particular feature, a negative adjustment is made to that comparable's sale price. If the comparable is inferior to the subject, a positive adjustment is made. The subject property is the benchmark and remains unadjusted.
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