Property Valuation
When appraising a Newport, Rhode Island waterfront property, which factor would most significantly increase value above comparable inland properties?
AProximity to interstate highways
BOcean views and direct water access✓ Correct
CLarger lot size with no view
DNewer construction date
Explanation
Ocean views and direct water access are the most significant value-adding factors for waterfront properties in Newport, Rhode Island, often commanding substantial premiums over comparable inland properties.
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