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4 Cards in this Set
- Front
- Back
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Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? |
The first sold. |
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A competitive market analysis takes into consideration |
square footage of the subject property. |
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When preparing a market data estimate of value, which of the following categories of adjustment is NOT essential? |
The original cost of the building. |
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If all other factors are equal, in which location is a parking lot likely to bring the highest sales price? |
Business district zoned for a six-story office building. |
