Comp Inferior / Superior

[Samantha M.]

Just want to verify I have a good grasp of this subject. You always adjust the value of the comp, never the subject property.

If the comp is superior to the subject property, subtract

If the comp is inferior to the subject property, add

For example: A subject property that is worth 150k is being compared to a comp that has a pool. The subject property does not have a pool, therefore the comp is superior. The comp sold for 155k. Pools in the area add about 5k in value to the house. Since the comp is superior 155-5k = 150k. That is your adjusted value for that comp.

Is that correct?