Property Valuation
When a Maine appraiser reconciles three value approaches, they should:
AAverage the three values mathematically
BWeight each approach based on its applicability and reliability for the specific property type✓ Correct
CUse only the highest value to protect the lender
DUse only the sales comparison approach for all properties
Explanation
Reconciliation requires the appraiser to analyze and weight the three approaches based on the property type, available data quality, and the purpose of the appraisal — not a simple mathematical average.
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