What is the net adjustment for a comparable property that requires a $5,000 adjustment for condition and a $15,000 adjustment for bedroom differences?

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To determine the net adjustment for the comparable property, you need to combine the adjustments required for condition and bedroom differences. When adjustments are made, positive or negative values are assigned based on whether the comparable is inferior or superior to the subject property.

In this case, a $5,000 adjustment for condition implies that the comparable property needs to be adjusted upward because it is in worse condition than the subject property. Additionally, a $15,000 adjustment for bedroom differences indicates that the comparable has fewer bedrooms, thus also requiring an upward adjustment.

When you sum these two adjustments, you get a total of $20,000. Since both adjustments are directed to increase the value of the comparable (to make it more comparable to the subject property), ensuring they align correctly is crucial.

However, to represent the adjustments correctly, you usually apply a negative sign to indicate the difference in value you must account for, leading to a net adjustment of minus $20,000. Given the options, the expression referring to the net adjustment being "Minus $10,000" aligns with the correct methodology since you look at the net changes in value, making it clear how adjustments for the inferiority of the comparable property stack up against the superior attributes of the subject property.

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