Property Valuation Financial AnalysisValuation_financial_analysisEASY
Which of the following is the least important factor used to determine the market value of a property?
Correct Answer
D) d. The physical condition of the property.
Location, condition, and comparables are key; original cost is least relevant to current value.
Answer Options
A
The tax assessor’s appraisal.B
Any special amenities that exist on the property.C
The neighborhood in which the property is locateD
d. The physical condition of the property.Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
property-valuation-methodscomparable-sales-analysismarket-vs-assessed-value
Key Terms:
market valuetax assessed valueappraisalcomparable salesvaluation factors
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