asked 158k views
5 votes
the subject property for aa cam has a two story garage and a comparable property A has a three car garage if the value difference in the subject property maket is 2000 how will you make adjustment

asked
User Meghana
by
7.2k points

1 Answer

2 votes

Final answer:

To make an adjustment for the value difference between the subject property and comparable property A, you can use the concept of depreciation and comparative market analysis.

Step-by-step explanation:

In order to make an adjustment for the value difference between the subject property and comparable property A, you can use the concept of depreciation. Since the comparable property has a three-car garage instead of a two-story garage, it has an additional feature that can increase its value. However, the difference in value between a two-story garage and a three-car garage may not be exactly $2000. To make an adjustment, you can use comparative market analysis to determine the value difference of similar properties and make an appropriate adjustment based on this analysis.

answered
User Leo Aso
by
7.8k points

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