How are reasonable adjustments expected to be made in property appraisal?

The correct answer emphasizes the importance of applying data to the subject of appraisal. In property appraisal, reasonable adjustments are essential to provide an accurate and fair evaluation of a property's value. Using data facilitates a systematic approach to account for various factors that influence property worth, such as recent sales of comparable properties, market trends, and specific characteristics of the subject property such as location, size, and condition. This data-driven approach ensures that the adjustments made are based on factual, objective evidence rather than speculation or personal opinion.

When appraisers rely on empirical data, they can make adjustments that reflect the current market conditions and provide a more reliable valuation. This method aligns with professional standards and practices within the appraisal industry, which prioritize transparency and objectivity.

In contrast to the other choices, they do not effectively support a robust appraisal process. The notion of relying solely on subjective judgment would undermine the appraisal's credibility, as personal biases can distort the valuation. Additionally, using a fixed model, irrespective of the property's unique characteristics, limits the appraisal's accuracy and can result in significant discrepancies in value determinations. Finally, basing adjustments only on property age and local taxes ignores many crucial aspects of valuation, such as condition, amenities, and changes in the local real estate market.