Market evidence shows an unusually elaborate home sells for less than an otherwise similar home in a neighborhood of comparable homes, because the homes surrounding it offer substantially fewer amenities. Which principle describes that adverse influence?

Which stated cause of supported value loss is external?

Improvement cost new is $450,000. Separately supported improvement depreciation deductions of $45,000, $25,000, $15,000 are expressly nonoverlapping and not already excluded from cost new. Add supported site value of $125,000, already reflecting any site losses. What total indicated value results?

Which two depreciation categories may each be classified as curable or incurable by comparing the cost to remedy a deficiency with the value gained?

Improvement cost new is $800,000. Separately supported improvement depreciation deductions of $120,000, $80,000, $40,000 are expressly nonoverlapping and not already excluded from cost new. No site is included. What depreciated improvement amount results?

The principle of anticipation in real estate valuation states that:

Which highest-and-best-use criterion addresses whether a proposed use is allowed by zoning and applicable legal restrictions?

Three comparables produce adjusted indications of $312,000, $309,000 and $315,000, requiring gross adjustments of 9%, 14% and 22% respectively. Verification also establishes that the first sale is the closest competitive substitute and its adjustments are better supported than the other two. Which indication deserves the most weight on those facts?

When reconciling value indications from the three approaches to value, an appraiser should:

A property sold at a cash-equivalent price of $1,062,500. Its stabilized annual NOI is $85,000. What is the indicated overall rate?

In reconciliation, an appraiser should: