Property Valuation
In Rhode Island appraisal, what is 'paired sales analysis'?
APairing a listing with a recent sale in the same building
BA technique identifying two nearly identical sales that differ in only one feature to isolate the market's value of that feature✓ Correct
CAnalyzing two appraisers' opinions of value for the same property
DComparing a residential sale to a commercial sale
Explanation
Paired sales analysis involves finding two comparable sales that are nearly identical except for one feature (e.g., garage vs. no garage) to isolate the market's contribution of that feature to value. It is used to derive adjustment amounts.
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