Property Valuation
The 'linkage' concept in NH real estate valuation recognizes that property values are affected by:
AOnly adjacent property conditions
BProximity and access to employment centers, shopping, schools, and transportation✓ Correct
COnly the age of the building
DOnly the lot size
Explanation
Linkage refers to the relationship between a property's location and its access to complementary land uses (employment, schools, shopping, transit). Strong linkage enhances value; poor linkage diminishes it.
Related New Hampshire Property Valuation Questions
- Plottage (assemblage) value in New Hampshire refers to:
- The concept of 'functional utility' in NH appraisal refers to:
- A NH appraiser who uses three comparables all located 20 miles from the subject property in a different market may produce an unreliable appraisal because:
- A NH appraiser's 'scope of work' in an appraisal report describes:
- Regression and progression are appraisal principles stating that:
- The 'income capitalization approach' to value is most appropriate for:
- Which of the following would be classified as functional obsolescence in a property appraisal?
- The gross income multiplier (GIM) is used for:
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