Humber/Ontario Real Estate Course 2 Exam Practice 2026 - Free Real Estate Practice Questions and Study Guide

When estimating the market value of a home, adjustments for comparable properties are crucial. In this case, when a comparable property has a swimming pool, the adjustment should be based on the current value of the pool, not the construction cost.

The reason behind this is that the market value of the property is determined by what buyers are willing to pay in the current market. The construction cost of a swimming pool may not necessarily reflect its current value due to factors such as depreciation, maintenance costs, and changing market trends. Therefore, basing the adjustment on the current value of the pool provides a more accurate reflection of its impact on the overall market value of the property.

Options B, C, D, E, and F are not the correct choices because they do not take into account the fundamental principle that adjustments should align with the current market value rather than historical costs or average values.