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1 vote
Adjustments to the sale price of comparable sale properties are measured by the

a. amount a typical buyer will pay for an item
b. cost per square foot
c. principle of conformity
d. quantity survey method

1 Answer

2 votes

Final answer:

Adjustments to the sale price of comparable sale properties are based on the amount a typical buyer would pay for differences such as size, location, and condition, reflecting market-driven values.

Step-by-step explanation:

Adjustments to the sale price of comparable sale properties are measured by the amount a typical buyer will pay for an item. This concept relates to the idea of price, which is what a buyer pays for a unit of the specific good or service. Price adjustments in real estate comparables are necessary when the properties being compared differ in features, such as size, location, condition, etc., and reflect how much a typical buyer would be willing to pay for these differences. The most accurate adjustments are those that reflect market-driven changes in the value of these differences.

answered
User Gabrielgiussi
by
7.3k points
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