If a comparable property has one more bedroom than the subject property, and each bedroom is valued at $10,000, what adjustment should be made?

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When comparing properties in real estate, adjustments are made to ensure that the comparable property reflects the features of the subject property accurately. In this scenario, the comparable property has one more bedroom than the subject property, which creates a need for an adjustment.

Since the comparable property is superior due to the additional bedroom, we need to lower its value to accurately reflect the subject property's value. The adjustment per bedroom is established as $10,000. Therefore, in order to make the comparable property more closely match the subject property, you would subtract the value of the extra bedroom from the comparable property’s price.

This adjustment allows the appraiser to equate the different features between the two properties effectively, ensuring that the comparison is fair and reflective of what the subject property offers. Thus, this adjustment leads to the conclusion that $10,000 should be subtracted from the comparable property to account for the less favorable condition regarding the number of bedrooms.

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