An appraiser, using the market data/comparison approach to value a single-family residence, finds a comparable residence has a swimming pool and the property being valued does not have one, the appraiser would:
a. ignore the value of the pool in making the appraisal.
b. add the value of the pool to the property for which a value is being sought.
c. subtract the value of the pool from the sales price of the comparable property.
d. add the value of the pool to the sales price of the comparable property.
Answer: c. subtract the value of the pool from the sales price of the comparable property.
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Token coins are:
a. full-bodied coins b. coins containing metal of less value than their stated value c. coins containing gold or silver d. representative full-bodied money
Which of the following best describes Immanuel Kant's categorical imperative?
A) If an action cannot be taken repeatedly, then it is not right to be taken at any time. B) One should take the action that produces the least harm or incurs the least cost. C) One can put values in rank order and understand the consequences of various courses of action. D) If an action is not right for everyone to take, it is not right for anyone to take. E) You should act towards others as you would like them to act towards you.