Valuation & Appraisal第 50 / 120 题
The cost approach to value is most appropriate for appraising:
a.A newly built school or church
b.A tract home with many comparable sales
c.An apartment building generating rent
d.Bare farmland
解析
The cost approach estimates value as land value plus the depreciated cost to reproduce or replace the improvements. It works best for new or special-purpose properties like schools, churches, and public buildings that rarely sell. Because such properties lack comparable sales and income, the other approaches are less reliable.
免费刷完整 120 道题库 — 无需注册。
同考点相关题目
- An appraiser valuing a single-family home in an active subdivision would rely most heavily on the:
- A rental property earns $2,000 per month in gross rent and recently sold for $360,000. Its gross rent multiplier (GRM) is:
- The appraisal principle stating that a buyer will pay no more for a property than the cost of an equally desirable substitute is the principle of:
- The legally permissible and most profitable use that produces the greatest value for a parcel is its:
- An outdated floor plan that reduces a home's value is an example of:
- A comparative market analysis (CMA) prepared by a licensee to help price a listing is: