REE 4103 Real Estate Exam 2 (REE 4103)

Real Estate Exam 2 1. If the site represents 40% of the total value in a particular neighborhood, how much land value would be allocated from a $200,000 sale of a single family home? 2. In the subject property’s neighborhood, improved properties are selling for prices in a range of $140,000 to $160, 000. Research reveals a typical land value-to-total property value ratio of 20%. What is the range of value for a similar site in this neighborhood? 3. Land can be valued by 4. Land is always value...