Property Valuation
Which of the following is typically NOT a factor in the sales comparison approach when appraising a Mississippi home?
ALocation
BGross living area (square footage)
CThe seller's original purchase price✓ Correct
DAge and condition of the property
Explanation
The seller's original purchase price is not relevant in the sales comparison approach. The approach focuses on current market data: comparable sales, adjusted for differences in location, size, condition, features, and date of sale.
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