Property Valuation
The principle of 'regression' in real estate valuation states that:
AA higher-value property pulls up the value of lower-value properties
BA lower-value property tends to drag down the value of a higher-value property nearby✓ Correct
CProperty values always increase over time
DImprovements always increase value by their cost
Explanation
The principle of regression states that a higher-value property located among lower-value properties will tend to have its value pulled down toward the lower values.
Related Maine Property Valuation Questions
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