The subject of an appraisal has only two bedrooms,but one of the comparables used in the appraisal has three.If the adjustment for a third bedroom is $5,000,the adjustment would be:

Question

Quizplus · Accepted Answer

The adjustment of $5,000 is for the extra bedroom that the comparable has. Since the subject only has two bedrooms, it is considered to be smaller than the comparable with three bedrooms. Therefore, the adjustment should be subtracted from the comparable's selling price to make it comparable to the subject's property.

The Subject of an Appraisal Has Only Two Bedrooms,but One