Property Valuation
In Montana real estate appraisal, 'regression' describes a situation where:
AProperty values are declining in the market overall
BA higher-value property is negatively affected by being surrounded by lower-value properties✓ Correct
CAn older property is losing value due to age
DAn appraiser revises their value estimate downward
Explanation
The principle of regression holds that a higher-value property surrounded by lower-value properties will be negatively influenced—its value will be pulled down toward the values of the surrounding properties.
Related Montana Property Valuation Questions
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