Property Valuation
Which Vermont market factor would most likely DECREASE property values in a resort community?
AOpening of a new ski lift
BProlonged low-snow winters reducing ski resort visitation and rental income potential✓ Correct
CExpansion of broadband internet access
DNew hiking trail connections
Explanation
Vermont ski resort property values are closely tied to the quality of skiing. Prolonged low-snow winters reduce visitation, ski rental income, and overall market demand for ski properties. Climate change and its effect on Vermont's ski season is an emerging consideration for Vermont ski property appraisals.
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