Property Valuation
Under the income approach, if a Wisconsin property's cap rate rises, its value will:
AIncrease
BDecrease✓ Correct
CRemain unchanged
DDouble
Explanation
Value = NOI / Cap Rate. If the cap rate rises (denominator increases) while NOI stays constant, the value decreases.
Related Wisconsin Property Valuation Questions
- External obsolescence affecting a Wisconsin property could be caused by:
- A Wisconsin appraiser who uses the 'paired sales analysis' is trying to isolate the value contribution of:
- In Wisconsin, 'effective age' of a building refers to:
- An appraiser in Wisconsin adjusts a comparable sale price upward because the comparable has less square footage than the subject. This is a:
- A Wisconsin appraiser's estimate of value must always reflect:
- When reconciling values in a Wisconsin appraisal, the appraiser:
- The cost approach to value is most reliable for:
- Curable physical deterioration in a Wisconsin home refers to deterioration that:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →