What is the appropriate adjustment when the comparable property has positive characteristics that the subject property does not?

When comparing properties in an appraisal, adjustments are made to ensure a fair comparison between the subject property and the comparable properties. In this scenario, when the comparable property has positive characteristics that the subject property lacks, the appropriate action is to decrease the sales price of the comparable property. This is because the positive characteristics of the comparable property give it a higher value compared to the subject property, which does not possess those features. By lowering the sales price of the comparable property, an appraiser can more accurately reflect the market value of the subject property, effectively leveling the playing field between the different properties.

Thus, the adjustment reflects the need to account for the inherent value in the unique features of the comparable property that elevate its price. This adjustment helps in achieving a more realistic estimate of what the subject property would sell for in a fair market, maintaining the integrity of the appraisal process.