Ree 4103 exam 2024 - Study guides, Class notes & Summaries

REE 4103 Exam 2 Questions With Revised Answers 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? - answer$28,000 to $32,000 Land can be valued by - answerSales comparison, land residual, allocation, and extraction You are asked to appraise a vacant building lot. The neighborhood...