I was asked recently to make a "location" adjustment in addition to a "view" adjsutment as the reviewer thought that the view had to be associated with "higher elevation" and therefore was in a "superior location" I tried to explain that some of my comps were actually "lower" in elevation than the Subject and other comps, due to the coast line and hillside nature of the neighborhood and it was the degree of the "VIEW" (i.e. 180 degrees, white water vs Blue water Ocean, partial, peek-a-boo, etc) that determined the value not the elevation, but she wanted a locatioin adjustment anyway. I had the whole "scope of work" discussion etc.......but wanted to pose the question.......
Is this considered to be "double dipping?" I know that making adjustments for bedroom variances AND a GLA adjustment can be considered "double dipping," in some markets and wanted to know what you all thought.
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