Property Valuation
An appraisal in Northern Virginia shows the subject property is in an area where Chesapeake Bay Preservation Act regulations limit impervious surface. This would most likely be reflected in the appraisal's:
AIncome approach only
BSite analysis and highest and best use sections✓ Correct
CReplacement cost only
DGRM calculation
Explanation
Chesapeake Bay Preservation Act restrictions on development affect the highest and best use analysis. An appraiser must reflect legal restrictions when determining what use maximizes value.
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