Property Valuation
A Maryland appraiser uses paired sales analysis to:
AAverage two appraised values
BIsolate the value contribution of a specific feature by comparing otherwise identical properties✓ Correct
CPair two buyers with the same property
DCompare two different appraisal methods
Explanation
Paired sales analysis compares two nearly identical sales that differ in only one feature to measure the market value contribution of that feature.
Related Maryland Property Valuation Questions
- Which principle of value states that the value of a property is affected by the values of surrounding properties?
- When a Maryland appraiser notes that a property is on a busy arterial road and has noise issues, the appraiser may:
- An appraiser discovers that a Maryland comparable sale involved a motivated seller who accepted a deeply discounted price due to divorce. This sale should be:
- The principle of regression in Maryland real estate means:
- The cost approach to value is MOST reliable for appraising:
- A Maryland residential property appraiser adjusts a comparable sale for a garage. The subject has a 2-car garage; the comparable has a 1-car garage. The adjustment to the comparable would be:
- Maryland market rent is defined as:
- In Maryland, the income capitalization approach is MOST useful for appraising:
Practice More Maryland Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maryland Quiz →