When adjusting comparable properties for a listing, what should you do if the subject property has more bedrooms?

Study for the Florida Real Estate License Renewal Test. Prepare with detailed scenarios and multiple choice questions offering explanations. Boost your confidence and ace the exam!

When a subject property has more bedrooms than a comparable property, the correct approach is to add the value of the additional bedroom to the comparable property. This adjustment accounts for the difference in features and functionality between the two properties.

In real estate, the number of bedrooms is a crucial factor that can significantly influence a property's market value. Since the subject property has more bedrooms, it generally offers more living space and potential appeal to buyers looking for larger homes, particularly families. Therefore, to accurately reflect the market dynamics and ensure a fair comparison, the value of the additional bedroom must be added to the comparable property’s value.

This adjustment helps maintain a consistent and fair valuation during the pricing or appraisal process. By properly adjusting for features like the number of bedrooms, real estate professionals can arrive at a more precise estimate of value, ensuring that the listing is competitive and reflective of the market.

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