Why should an appraiser inspect the site rather than rely only on aerial imagery?
Correct Answer
D) Grade, drainage and access are hard to judge remotely
Why this is correct: A physical inspection is necessary to accurately assess site characteristics that significantly impact value and highest and best use. These include topography (slope, grade), drainage conditions, quality of access, soil conditions, and the presence of encroachments or external factors—all of which are difficult or impossible to judge accurately from aerial imagery alone. Why the other choices are wrong: 'Imagery is prohibited as a source of site data' is wrong; it is an acceptable supplemental tool. 'Inspection is required by statute in every state' is wrong; while often required, the rationale is practical, not purely statutory. 'Aerial images cannot show the parcel's boundaries' is wrong; they often can, but boundaries are confirmed by legal description. Exam tip: Always inspect the site. Key value factors like drainage and slope are ground-level observations.
Why This Is the Correct Answer
Why this is correct: A physical inspection is necessary to accurately assess site characteristics that significantly impact value and highest and best use. These include topography (slope, grade), drainage conditions, quality of access, soil conditions, and the presence of encroachments or external factors—all of which are difficult or impossible to judge accurately from aerial imagery alone. Why the other choices are wrong: 'Imagery is prohibited as a source of site data' is wrong; it is an acceptable supplemental tool. 'Inspection is required by statute in every state' is wrong; while often required, the rationale is practical, not purely statutory. 'Aerial images cannot show the parcel's boundaries' is wrong; they often can, but boundaries are confirmed by legal description. Exam tip: Always inspect the site. Key value factors like drainage and slope are ground-level observations.
More Land/Site Questions
Under which condition is the land residual technique most applicable?
Why can the same physical parcel carry different values in two assignments?
In a built-up area where no vacant land has sold for years, which approach to site value is the usual fallback?
How is entrepreneurial profit treated in the subdivision development method?
A land comparable sold 18 months ago in a market rising about 4 percent a year. What adjustment direction applies?
Why does a developer's required profit rise for a longer subdivision project?
How does holding cost enter the valuation of land bought for future development?
Excess land is best described as land that has which characteristic?
Plottage value arises in which of the following situations?
Which of the following is an off-site improvement rather than a site improvement?
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