In location-based adjustments for paired sales, the adjustment for a more favorable highway-oriented location relative to a standard street location is typically about which amount?

In location-based adjustments for paired sales, the adjustment for a more favorable highway-oriented location relative to a standard street location is typically about which amount?

• A. 10,000
• B. 30,000
• C. 0
• D. 5,000

Answer: (B)

Location adjustments capture how much value is added or subtracted by a property's location. When one property sits on a more favorable highway-oriented location compared to a standard street location, buyers generally pay a premium for the superior access, visibility, and potential traffic benefits. That premium tends to be substantial, and in typical paired-sale practice it’s approximated at about thirty thousand dollars. Smaller adjustments (like five thousand or ten thousand) would understate the benefit, and zero would imply no difference where there is a clear highway advantage.

Location adjustments capture how much value is added or subtracted by a property's location. When one property sits on a more favorable highway-oriented location compared to a standard street location, buyers generally pay a premium for the superior access, visibility, and potential traffic benefits. That premium tends to be substantial, and in typical paired-sale practice it’s approximated at about thirty thousand dollars. Smaller adjustments (like five thousand or ten thousand) would understate the benefit, and zero would imply no difference where there is a clear highway advantage.