To appraise an amenity, an appraiser would most likely utilize which of the following?

Prepare for the North Carolina Broker Reciprocal Exam. Sharpen your skills with flashcards and multiple-choice questions. Each question offers explanations to ensure clarity and understanding. Get ready to excel!

When appraising an amenity, an appraiser would most likely utilize a market comparison or market comp. This approach involves analyzing the sale prices of similar properties in the same area that have comparable amenities. By examining these market comps, the appraiser can assess how the presence or quality of certain amenities affects property values. For instance, amenities like swimming pools, gyms, or high-end kitchens can significantly influence buyer interest and price, making it essential for the appraiser to evaluate how these features compare to similar properties nearby.

Other options, while relevant in the broader context of property assessment and evaluation, do not serve the primary function of appraising amenities. A land survey focuses on property boundaries and dimensions rather than value determinants associated with amenities. A property deed provides legal details of ownership and rights but is not a measure of value or appraisal. Tax assessments can give insight into property valuation from a tax perspective but typically do not consider the nuances of amenities in the same depth as market comps. Thus, when determining the value of specific features that enhance a property's appeal, market comparison is the most effective method.

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