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Given the following information, what adjustment would need to be made to account for the living area difference between the Subject Property and Comparable Property?

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Given the following information, what adjustment would need to be made to account for the living area difference between the Subject Property and Comparable Property? Market Conditions Lot Size: Effective Age (Years) Living Area (Sq. Ft) Bath Adjustments -0.50 % (per month) $25,000 (per acre) $1,000 (per year) $45.00 (per sq. ft.) $1,250 (per bath) $3,000 (per bedroom) Bedrooms Comparable Property Time Sold Subject Property Today 0.83 4 Months Ago 0.80 Lot Size (Acres) Effective Age (Years) 8 7 7 2,197 2,383 Living Area (Sq. Ft) Bath 3.5 3.5 4 Bedrooms 4 Sale Price $287,000 The price of the comparable property must be adjusted upward by $8,370. The price of the subject property must be adjusted upward by $8,370. The price of the subject property must be adjusted downward by $8,370. The price of the comparable property must be adjusted downward by $8,370. Multiple Choice

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