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The buyer may assume property size is the key factor in determining the value of a property.

a. True
b. False

1 Answer

4 votes

Final answer:

The size of a property is not the sole determining factor of its value.

Step-by-step explanation:

The statement that the buyer may assume property size is the key factor in determining the value of a property is False.



While the size of a property can influence its value, there are many other factors that come into play, such as location, condition, amenities, market demand, and comparable sales in the area. A small property in a desirable location with high demand may have a higher value than a larger property in a less desirable location.



For example, in a city center, a small apartment might be more valuable than a larger suburban house due to its proximity to amenities, transportation, and employment opportunities.

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