Property Valuation
A Wyoming appraisal report's 'reconciliation' involves:
AAveraging the values indicated by the three approaches
BThe appraiser's reasoned analysis to arrive at a final value opinion based on the weight given to each approach✓ Correct
CMatching the appraised value to the sale price
DReconciling the appraisal with the county assessor's value
Explanation
Reconciliation is the appraiser's analytical process of weighing the indications of value from the approaches used and developing a final opinion of value. It is not a mathematical average—the appraiser gives more weight to the approach most appropriate for the property type.
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