Property Valuation
In Virginia, the correlation process in an appraisal report is the appraiser's:
AMathematical averaging of all comparable sales
BWeighing and reconciling value indications from different approaches to arrive at a final value conclusion✓ Correct
CComparison of the subject property to national averages
DCalculation of the subject property's gross rent multiplier
Explanation
Correlation (reconciliation) is the final step in the appraisal process where the appraiser analyzes the results of the different approaches and weighs them to arrive at a single, well-supported value conclusion.
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