Youre called out of an investment committee meeting at your real estate company for an important phone call. Stepping back into the meeting you find youve missed the initial description of the Subject Property, but a heated debate on which Comparable Properties should be used to evaluate the property is underway.

Glancing at a handout your analysts have prepared, you see observe the following table:

Q5(a). Your four partners each have a different opinion as to which TWO comparable properties are the best fit for your analysis. Based on each of their selections, which criteria of comparability is each partner giving the greatest weight:

Q5(b). April, ever the contrarian, insists that Comp C is the almost certainly the best fit. What two specific attributes of the Subject Property would, if true, would strongly support Aprils case?

Q5(c). The group turns to you to break the tie. Based only on the information provided above, select the most prudent answer for you to give:

A. "Theyre all close enough. Lets just average the data from all of them.

B. Without knowing anything about the Subject Property, its impossible to say which of these comps would be most appropriate.

C. There's just too much variation among the comps provide a meaningful picture. We cant make a decision without finding additional sales comps.

\begin{tabular}{|l|c|c|c|c|c|} \hline & \begin{tabular}{c} Comp \\ A \end{tabular} & \begin{tabular}{c} Comp \\ B \end{tabular} & \begin{tabular}{c} Comp \\ C \end{tabular} & \begin{tabular}{c} Comp \\ D \end{tabular} & \begin{tabular}{c} Comp \\ E \end{tabular} \\ \hline \begin{tabular}{l} Distance \\ from Subject \end{tabular} & \begin{tabular}{c} 0.50 \\ Miles \end{tabular} & \begin{tabular}{c} 0.75 \\ miles \end{tabular} & 1 mile & \begin{tabular}{c} 0.25 \\ miles \end{tabular} & \begin{tabular}{c} 0.90 \\ miles \end{tabular} \\ \hline \begin{tabular}{l} Year of \\ Construction \end{tabular} & 1990 & 2005 & 1985 & 2015 & 2006 \\ \hline \begin{tabular}{l} Sq. Ft. \\ 14,000 \\ SF \end{tabular} & \begin{tabular}{c} 24,000 \\ SF \end{tabular} & \begin{tabular}{c} 10,000 \\ SF \end{tabular} & \begin{tabular}{c} 25,000 \\ SF \end{tabular} & \begin{tabular}{c} 37,000 \\ SF \end{tabular} \\ \hline \begin{tabular}{l} Months \\ Since Sale \end{tabular} & \begin{tabular}{c} 12 \\ months \end{tabular} & \begin{tabular}{c} months \\ months \end{tabular} & \begin{tabular}{c} months \\ months \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Partner & Selected Comps \\ \hline Tom & Comp B \& Comp D \\ \hline Donna & Comp A \& Comp E \\ \hline Ron & Comp D \& Comp A \\ \hline Ann & Comp B \& Comp E \\ \hline \end{tabular} \begin{tabular}{l|l} Tom & [ Choose ] \\ & Market Conditions \\ & Net Operating Income \\ & Property Type \\ Donna & Size \\ & Age and Condition \\ & Locale \\ \hline Ron & \\ \hline \end{tabular} Ann [ Choose ] \begin{tabular}{|l|c|c|c|c|c|} \hline & \begin{tabular}{c} Comp \\ A \end{tabular} & \begin{tabular}{c} Comp \\ B \end{tabular} & \begin{tabular}{c} Comp \\ C \end{tabular} & \begin{tabular}{c} Comp \\ D \end{tabular} & \begin{tabular}{c} Comp \\ E \end{tabular} \\ \hline \begin{tabular}{l} Distance \\ from Subject \end{tabular} & \begin{tabular}{c} 0.50 \\ Miles \end{tabular} & \begin{tabular}{c} 0.75 \\ miles \end{tabular} & 1 mile & \begin{tabular}{c} 0.25 \\ miles \end{tabular} & \begin{tabular}{c} 0.90 \\ miles \end{tabular} \\ \hline \begin{tabular}{l} Year of \\ Construction \end{tabular} & 1990 & 2005 & 1985 & 2015 & 2006 \\ \hline \begin{tabular}{l} Sq. Ft. \\ 14,000 \\ SF \end{tabular} & \begin{tabular}{c} 24,000 \\ SF \end{tabular} & \begin{tabular}{c} 10,000 \\ SF \end{tabular} & \begin{tabular}{c} 25,000 \\ SF \end{tabular} & \begin{tabular}{c} 37,000 \\ SF \end{tabular} \\ \hline \begin{tabular}{l} Months \\ Since Sale \end{tabular} & \begin{tabular}{c} 12 \\ months \end{tabular} & \begin{tabular}{c} months \\ months \end{tabular} & \begin{tabular}{c} months \\ months \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Partner & Selected Comps \\ \hline Tom & Comp B \& Comp D \\ \hline Donna & Comp A \& Comp E \\ \hline Ron & Comp D \& Comp A \\ \hline Ann & Comp B \& Comp E \\ \hline \end{tabular} \begin{tabular}{l|l} Tom & [ Choose ] \\ & Market Conditions \\ & Net Operating Income \\ & Property Type \\ Donna & Size \\ & Age and Condition \\ & Locale \\ \hline Ron & \\ \hline \end{tabular} Ann [ Choose ]