Property Valuation
A NH appraiser who uses the sales comparison approach for a new lakefront home would primarily select comparables that are:
AAny recently sold properties within the county
BRecent sales of similar lakefront properties in the same lake or comparable lake market✓ Correct
COnly properties within 1 mile of the subject
DThe cheapest recently sold properties
Explanation
For a unique lakefront property, the most relevant comparables are recent sales of similar lakefront properties — ideally on the same lake or comparable lakes with similar attributes (water quality, size, recreational amenities).
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