Why should an appraiser investigate measurement-method differences between subject and comparable square-footage data?
Correct Answer
A) Because measurement differences can be mistaken for real size differences
Comparable square footage may use different or unknown methods. Research the data and local market to determine whether adjustment is warranted; a measurement-method difference is not automatically a market size difference. Follow applicable measurement requirements for the subject.
Why This Is the Correct Answer
Comparable square footage may use different or unknown methods. Research the data and local market to determine whether adjustment is warranted; a measurement-method difference is not automatically a market size difference. Follow applicable measurement requirements for the subject.
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