Ree 4103 exam questions - Study guides, Class notes & Summaries

REE 4103 Exam #1 Questions with 100% correct answers | verified | latest update 2024

REE 4103 EXAM QUESTIONS (1)

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REE 4103 Exam 2 Questions with Complete Solutions.

REE 4103 EXAM 2 BLISS QUESTIONS WITH VERIFIED ANSWERS To estimate its market value, the land under an improved property is best compared to sales of vacant land that Have the same or similar highest and best use Have the same type of building on them (after the sale) Show the maximum value for the subject property Show the minimum value for the subject property - Answer-Have the same or similar highest and best use Price per front foot is a physical unit of comparison not as accu...

REE 4103 EXAM 1 QUESTIONS WITH COMPLETE SOLUTIONS A house built in 1965 and appraised in 1994 should have - Answer-a chronological (actual) age of 29 years A house has floor coverings that are four years old. Decorators in this area indicate that carpets of similar quality last about 10 years but typically go out of style after only six. What is the value of carpets with a reproduction cost of $5,000 - Answer-(4/6) x $5,000 = $3,333.33 A property sold for $125,000 in a cash sale. It was 1...