An appraiser views the addition of an amenity to an apartment building under which appraisal principle?
Correct Answer
B) Contribution.
The principle of contribution is the correct answer because an appraiser evaluating an amenity — such as adding a swimming pool or fitness center to an apartment complex — is specifically asking: 'How much does this feature contribute to the total value of the property?' This is the textbook definition of the contribution principle as defined by the Appraisal Institute and used throughout the Uniform Standards of Professional Appraisal Practice (USPAP). The appraiser measures the amenity's value impact on the whole, not its standalone cost or replacement value.
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