Property Valuation
The principle of balance in real estate states that maximum value is achieved when:
AAll lots in a subdivision are the same size
BThe various elements of a property are in proper proportion and balance with the surrounding area✓ Correct
CA property's price is equal to its assessed value
DThe buyer and seller agree on a price without negotiation
Explanation
The principle of balance states that maximum value is achieved when all components of a property (land, labor, capital, coordination) are in proper proportion and balance.
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