Property Valuation
When an appraiser uses the direct comparison approach, the final value indication is most influenced by:
AThe average of all comparable sale prices
BThe most similar comparable sales with the fewest and smallest adjustments✓ Correct
CThe most recent comparable sale regardless of similarity
DThe comparable with the highest sale price
Explanation
In the sales comparison approach, comparables requiring fewer and smaller adjustments are considered more reliable indicators of the subject's value. The appraiser gives greatest weight to these best comparables during reconciliation.
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