Sale B is located where relative to the subject and when did it sell?

• A. Several miles away
• B. Adjacent
• C. In the same block
• D. In the same building

Answer: (A)

Distance from the subject is a key factor when selecting comparables. Comparables that are closer usually require smaller adjustments for location, neighborhood characteristics, and market conditions because they reflect the subject’s market more directly. If Sale B is described as several miles away, that signals it is outside the immediate area, so you would expect larger location adjustments to account for differences in neighborhood desirability and market trends. The other options describe much closer proximity (adjacent, in the same block, in the same building), which would be more desirable as comparables but do not match the given description of Sale B’s location. In practice, you weigh both how close a sale is and when it sold to align market conditions, but the distant location is the element identified here.