Property Valuation
The principle of progression in Kansas real estate states that:
ALarger homes always increase in value over time
BA lower-value home benefits from being located near higher-value homes✓ Correct
CProperty values decline in declining neighborhoods
DInvestors should always buy the most expensive property in a neighborhood
Explanation
The principle of progression states that a below-average property in a neighborhood of higher-value properties will have a higher value than if it were surrounded by equally below-average properties.
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