Property Valuation
In Louisiana, the 'neighborhood boundaries' an appraiser uses are determined by:
AParish or city boundary lines
BNatural, man-made, or political boundaries that define an area of similar land uses and market forces, as determined by the appraiser's market analysis✓ Correct
CZip code boundaries only
DMLS designated market areas
Explanation
Neighborhood boundaries are determined by analyzing where market forces change — physical features (rivers, highways), changes in land use patterns, or other factors that delineate areas with similar property values and buyer pool. They may not align with official boundaries.
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