Property Valuation
A Mississippi appraiser's 'reconciliation' of value at the end of an appraisal involves:
AAveraging the three approaches to value
BWeighing the relative reliability and applicability of each approach to arrive at a final value conclusion✓ Correct
CSelecting the highest of the three indicated values
DSelecting the lowest of the three indicated values
Explanation
Reconciliation is not a simple average—it is the appraiser's professional judgment about the relative weight and reliability of each approach given the property type, availability of data, and purpose of the appraisal.
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