Property Valuation
A Minnesota appraiser uses paired sales analysis to determine a market adjustment. In this technique, the appraiser:
AAverages the sale prices of all comparable properties
BCompares two similar sales that differ in only one feature to isolate that feature's value✓ Correct
CRanks comparables from highest to lowest value
DAsks market participants what features they value most
Explanation
Paired sales analysis isolates the value of a specific feature by comparing two otherwise similar sales that differ only in that feature. For example, two nearly identical homes where one has a pool and one doesn't - the price difference represents the market's value of the pool.
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