In the example, the porch value used for adjustment was

• A. 800
• B. 1000
• C. 2000
• D. 500

Answer: (B)

Adjustments reflect what buyers value for differences between the subject and the comparables. For a porch, the contributory value is the amount market participants would pay specifically for that feature. In the example, the appraiser’s analysis of comparable properties showed the porch adds about $1,000 in market value. That $1,000 figure comes from looking at similar porch features in recent sales, considering size, condition, and appeal, and determining the price impact buyers assign to a porch. Therefore the adjustment applied for the porch is $1,000, matching what the market data supported. The other numbers would not align with the observed market value of that porch feature in the example.