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Property Valuation Financial AnalysisInterestEASY

Which of the following is of least interest to an appraiser?

Correct Answer

C) The objective value of the property.

Appraisers focus on property characteristics, market data, and income; not personal opinions.

Answer Options
A
Value in exchange.
B
The original cost of the property.
C
The objective value of the property.
D
The sales price received for comparable properties.
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Related Topics & Key Terms

Related Topics:

appraisal-methodsproperty-valuationmarket-value-vs-assessed-value

Key Terms:

appraisalmarket valuevalue in exchangeoriginal costsales comparison approach
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