Property Valuation
In Oregon, which of the following is NOT typically considered in the sales comparison approach to value?
ALocation and neighborhood characteristics
BAge and condition of the property
CThe seller's outstanding mortgage balance✓ Correct
DSize, features, and amenities
Explanation
The seller's outstanding mortgage balance is irrelevant to market value in the sales comparison approach. Market value reflects what a buyer would pay in an arm's-length transaction, based on location, size, condition, features, and recent comparable sales — not the seller's financing situation. The mortgage balance is the seller's private financial matter.
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