Property Valuation
A Montana appraiser evaluating a lakefront property on Flathead Lake must give special consideration to which value-influencing factor unique to that property?
AProximity to the nearest fire station
BFrontage on the lake, dock rights, water quality, and views, which can substantially exceed values of non-lakefront properties✓ Correct
CDistance from the nearest grocery store
DSchool district rating
Explanation
Flathead Lake frontage in Montana commands significant premium value. Appraisers must carefully analyze waterfront comparables, dock and water rights, water quality, orientation and view quality, and usable frontage length. These factors can add hundreds of thousands of dollars in value compared to nearby non-waterfront properties.
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