Given the following information, what adjustment would need to be made to account for the...
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Given the following information, what adjustment would need to be made to account for the lot size difference between the Subject Property and Comparable Property? Adjustments Market Conditions -0.50% (per month) Lot Size $25,000 (per acre) Effective Age (Years) $1,000 (per year) Living Area (Sq. Ft) $45.00 (per sq. ft.) Bath $1,250 (per bath) Bedrooms $3,000 (per bedroom) Subject Property Comparable Property Time Sold Today 4 Months Ago Lot Size (Acres) 0.83 0.80 Effective Age (Years) 8 7 Living Area (Sq. Ft) 2,197 2,383 Bath 3.5 3.5 Bedrooms 4 4 Sale Price $287.000 The price of the comparable property must be adjusted upward by $750. O The price of the subject property must be adjusted downward by $750. The price of the comparable property must be adjusted downward by $750. The price of the subject property must be adjusted upward by $750
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