Question

At the conclusion of the tradittional sales compariosn apprroach to valuattion, the appraiser evaluated and reconciles the final adjusted sale prices into a single value for the subject property. This single value is commonly reffered to as:______.

Answer 1

Answer: indicated value

Explanation: When the value of a property has been determined putting into consideration factors such as; similar property which have been sold before, capitalization of annual net operating income as well as the cost less accrued depreciation plus land. This final value after reconciliation of the earlier listed factors is refered to as indicated value. It's is the final opinion of the current value of a property by an appraiser.

Answer 2

At the conclusion of the traditional sales comparison approach to valuation, the appraiser evaluates and reconciles the final adjusted sale prices into a single value for the subject property. This single value is commonly referred to as:

A. indicated value

B. investment value

C. transaction value

D. replacement value

Answer:

A. Indicated value

Step-by-step explanation:

Indicated value is a term in finance, that describes the worth of a subject property in a three basic approaches to value, this includes, the recent sales of comparable properties, cost less accrued depreciation plus land value, and capitalization of annual net operating income.

In other word, indicated value during appraisal of a property's worth, is the determined current value of real property, after reconciliation of all methods and approaches to appraising the property, has been carried out.

Hence, in this case, the valuation of the final adjusted sale prices to determine the property's worth, into a single value for the subject property, is termed as INDICATED VALUE.