Property Valuation
An appraiser in Louisville uses three comparable sales. After adjustments, the values are $285,000, $290,000, and $287,500. The appraiser assigns the most weight to the $290,000 comparable because it is most similar. The indicated value is:
A$285,000
B$287,500
C$290,000✓ Correct
D$244,375
Explanation
When an appraiser assigns the most weight to a comparable, that comparable's adjusted value has the greatest influence on the final estimate. With the $290,000 given most weight, the indicated value is $290,000.
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