Property Valuation
Vermont's Killington Peak area properties may have seasonal fluctuations in value — the appraisal principle this reflects is:
ASupply and demand✓ Correct
BAnticipation and change
CConformity
DRegression
Explanation
Supply and demand explains seasonal value fluctuations — when demand for ski resort properties is high (ski season) and supply is limited, prices rise. The principle reflects the fundamental market dynamic driving resort property values.
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