Property Valuation
When a West Virginia appraiser 'brackets' a comparable, they:
AExclude the comparable from the analysis
BSelect comparables both superior and inferior to the subject to bracket the subject's value✓ Correct
CAdjust the comparable downward only
DUse the comparable only in the income approach
Explanation
Bracketing is a technique where the appraiser selects comparables that are both superior and inferior to the subject property in the feature being adjusted, bracketing the subject's likely value and providing support for the final adjusted value.
Related West Virginia Property Valuation Questions
- In West Virginia, the income approach to value is MOST appropriate for:
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