Question

Comparable property "A" has central air conditioning worth approximately $2,000. Comparable property "B" does not. The subject property does not have central air conditioning. To adjust, an appraiser should:________.

Answer 1

To adjust, an appraiser should: Subtract air conditioning value ($2,000) from comparable "A" to make it more like the subject property. Adjust comps to the subject. Never adjust or change the subject property

Step-by-step explanation:

The comparable properties are adjusted so that they show that they are higher or lower. Settlements on comparable characteristics are calculated, not on the subject. You will then add or subtract changes for positive or negative characteristics if a comp was sold for 180,000 dollars .

There are three kinds of approaches to value, and they include the approach of sales comparison, costing and revenue capitalization.

The approach of comparison of revenues is the most common approach for the valuation of immobilization.