Property Valuation
An appraiser uses three comparable sales with adjusted values of $290,000, $295,000, and $298,000. The subject is most similar to the $295,000 comparable. The appraiser should likely conclude a value of approximately:
A$294,000
B$295,000✓ Correct
C$290,000
D$298,000
Explanation
In reconciliation, the appraiser gives the most weight to the comparable most similar to the subject. Since the subject is most similar to the $295,000 comparable, the final value conclusion would likely be at or near $295,000.
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