If "+$5,000" is noted next to the description of the view for comparable property A, which statement is true?

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Study for the Real Estate Course 3 Exam. Enhance your skills with comprehensive flashcards and multiple-choice questions. Each question comes with hints and explanations. Gear up for your success!

When "+$5,000" is noted next to the description of the view for comparable property A, this indicates that the view is considered an additional feature that enhances the property’s market value by that amount. In real estate, adjustments are often made between comparable properties to account for differences in key attributes, one of which can be the view.

If property A has a $5,000 adjustment for the view, this suggests that buyers are willing to pay more for properties with better views, which reflects a market preference for such characteristics. Thus, it can be inferred that the market values the view from comparable property A more because it adds tangible value to the property and can influence a buyer’s purchasing decision, leading to property A potentially being valued higher than similar properties without that view.

The other statements do not align with the context given. For example, if the view were not valued by the market, then there would be no reason to note a monetary adjustment. Similarly, the assertion that comparable property A has a lower market value contradicts the implication that the view adds value, and stating that the adjustment is irrelevant would undermine the significance of views in real estate valuations.

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