91.5k views
4 votes
If a subject property and a comparable property are equal, what type of adjustment is necessary?

User Ytrewq
by
8.4k points

1 Answer

3 votes

Final answer:

If a subject property and a comparable property are equal, no adjustment is necessary in real estate appraisal.

Step-by-step explanation:

If a subject property and a comparable property are equal, no adjustment is necessary. In real estate appraisal, comparable properties are used to determine the value of a subject property by comparing their characteristics and making adjustments for any differences between them. However, if the subject property and a comparable property have the same characteristics, there is no need for adjustments since they are already equal.

User Flic
by
8.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories