Value Quiz Attempt #4

An example of external depreciation is:

What is the best definition for market value?

A large six-bedroom house with a pool, private gym, and bowling alley is built in a neighborhood of small two-bedroom houses. Which principal is most likely to affect the value of the house

The physical condition of a building is called

To find the value of a property, if the net operating income and the capitalization rate are known, an appraiser using the income approach to value would:

If value is being created by the expectations of some events, which is most likely occurring?

In an open and competitive market, ______ is taken into account when trying to fins the most probable value of a property.

Which of the following requires that the value of the land be calculated separatley from the value of the improvements?:

The best way to define depreciation is:

The _______ is the best method of use when estimating the value of a single-family home.

The value of a large four-bedroom house with a private gym built in a neighborhood filled with small two-bedroom houses would MOST likely be affected by:

A functional obsolensce would be:

A real estate professional can determine the market value of a property by using:

Which of the following is NOT a primary benefit that contributes to real estate values?:

Which of the following best describes the valuse of a property when a public tax assessor determines it?: