Property Valuation
An Oklahoma appraiser who uses a comparable sale that is more than one mile from the subject property in a densely developed suburban area should:
AUse it without comment
BUse it only if no closer comparables are available and explain the geographic adjustment in the report✓ Correct
CReject all sales beyond one mile automatically
DUse it only for new construction
Explanation
While the best comparables are close to the subject, appraisers may use more distant comparables when necessary. However, they must explain the selection, consider whether the distant sale is truly comparable, and make appropriate adjustments for any locational differences.
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