Property Valuation
When appraising a White Mountains ski chalet that is only used seasonally, the appraiser must:
AUse only the income approach based on rental seasons
BConsider the seasonal nature of use and find comparable seasonal property sales in the area✓ Correct
CValue it as year-round residential property
DDefer to town assessed value as the best indicator of market value
Explanation
Seasonal properties require appraisers to find comparable seasonal sales—not year-round residential comparables. In NH's White Mountains ski chalet market, seasonal use patterns, proximity to ski areas, and rental potential are all relevant factors in the sales comparison approach.
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