Valuation & AppraisalCâu 58 / 120
A large luxury home surrounded by smaller modest homes is worth less than it would be elsewhere because of the principle of:
a.Progression
b.Regression
c.Anticipation
d.Conformity
Giải thích
The principle of regression holds that a higher-valued property loses value when surrounded by lower-valued properties. The inferior neighborhood drags its value downward. This is the counterpart to the principle of progression.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A comparative market analysis (CMA) prepared by a licensee to help price a listing is:
- The principle that value is maximized when properties in an area are reasonably similar in style and use is the principle of:
- A modest home located among larger, more expensive homes tends to be worth more because of the principle of:
- Market value is best defined as the:
- An investment property produces $60,000 in net operating income and the market capitalization rate is 8%. Using the income approach, its indicated value is:
- The value a county assessor places on property to compute property taxes is the:
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