Property Valuation
In Hawaii, when two comparable sales are available, one with ocean view and one without, the appraiser compares them to isolate the value of the view. This is called:
AA. Bracketing
BB. Matched pairs analysis (paired sales)✓ Correct
CC. Reconciliation
DD. Extraction method
Explanation
Matched pairs (paired sales) analysis uses properties that are identical except for one feature to isolate that feature's value contribution.
Related Hawaii Property Valuation Questions
- In Hawaii, what is 'regression' in the context of property value?
- Which appraisal principle states that the value of a component part of a property is measured by its contribution to the overall value of the whole?
- The appraisal principle that states 'value is created by the expectation of future benefits' is known as:
- When appraising an income-producing property in Hawaii, an appraiser would most likely use the:
- Which appraisal approach estimates value by calculating the cost to reproduce or replace the improvements, minus depreciation, plus land value?
- The sales comparison approach to value is MOST applicable for valuing:
- What is 'market conditions adjustment' in sales comparison appraisal and why is it critical in Hawaii's dynamic market?
- In Hawaii, what is a 'capitalization rate' adjustment for different types of property?
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →