Property Valuation
A single-family home has comparable sales ranging from $195,000 to $215,000 after adjustments. The appraiser gives the most weight to the comparable most similar to the subject. The final estimated value is likely to be:
AExactly the average of all comparables
BThe highest adjusted comparable value
CWithin the range, weighted toward the most similar comparable✓ Correct
DThe lowest adjusted comparable value
Explanation
Appraisers use judgment to reconcile comparable sales values. The final estimate is typically within the adjusted range but weighted toward the most similar comparable.
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