Humber/Ontario Real Estate Course 2 Exam Practice

Which adjustment would an appraiser make for excess frontage when comparing two lots?

1. A minus adjustment for the difference in square footage

2. A minus adjustment for excess square footage valuation

3. A plus adjustment is not typically applied

4. A plus adjustment for each foot over the standard size

5. A minus adjustment per front foot over the subject lot

6. A minus adjustment applying a percentage decrease

The correct answer is: A minus adjustment per front foot over the subject lot

When comparing two lots, an appraiser would make a minus adjustment per front foot over the subject lot for excess frontage. This is because having excess frontage could potentially lead to higher costs for landscaping or maintenance. By making a minus adjustment per front foot, the appraiser accounts for the additional cost associated with the excess frontage, thus ensuring a fair comparison between the two lots. The other options are incorrect because they do not accurately reflect how an appraiser would adjust for excess frontage.