Property Valuation
The principle of conformity in Wisconsin real estate states that:
AAll homes in a neighborhood must be the same style
BMaximum value is achieved when a property conforms in use, size, and style to surrounding properties✓ Correct
CProperties must comply with zoning ordinances to have market value
DLenders require all comparable sales to conform to FNMA standards
Explanation
The principle of conformity holds that a property achieves its maximum value when it is consistent in use, style, and size with surrounding properties. Overimprovements (exceeding neighborhood norms) may lose value due to regression.
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