In the sales comparison approach to appraisal, adjustments are made to which of the following?
Correct Answer
C) The comparable properties only
In the sales comparison approach, adjustments are always made to the comparable properties — never to the subject property. The subject property serves as the benchmark or standard against which the comparables are measured. If a comparable is superior to the subject in some feature (e.g., it has an extra bathroom), a negative adjustment is made to the comparable's sale price. If the comparable is inferior, a positive adjustment is made. This process brings each comparable's value in line with what it would have sold for if it were identical to the subject property.
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