Property Valuation
In Washington, a residential appraiser's 'neighborhood analysis' in an appraisal report should address:
AThe racial and ethnic composition of the neighborhood
BPresent land use, trends, neighborhood boundaries, and factors affecting value✓ Correct
CThe political makeup of the neighborhood
DThe school district test scores
Explanation
A neighborhood analysis in a USPAP-compliant appraisal covers the physical, economic, and governmental factors that affect value: present land uses, development trends, neighborhood boundaries, and amenities — but never race or ethnicity (a fair housing violation).
Related Washington Property Valuation Questions
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