Property Valuation
An appraiser in Concord, NH uses three comparable sales to estimate value. The sales are $310,000, $298,000, and $325,000 after adjustments. The appraiser's final value conclusion will:
AAlways be the average of the three comparables
BBe based on the appraiser's professional judgment, giving more weight to the most similar comparable✓ Correct
CAlways be the median value
DAlways match the highest comparable
Explanation
Reconciliation is the final step where the appraiser weighs the adjusted comparables and uses professional judgment to arrive at a final value opinion. The appraiser does not simply average—they give more weight to the comparable(s) most similar to the subject property.
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