Area-Regional & Neighborhood Analysis in Property Appraisal

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The most important purpose of an area-regional and neighborhood analysis of a property is:

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1. A lot has amazing views of the ocean. This is an example of what type of consideration?

2. What should an appraiser not consider in performing an area-regional and neighborhood analysis of a residential property?

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About This Quiz & Worksheet

When a person or company is interested in determining the value of real-estate, one step in their processes is to assess an area-regional & neighborhood analysis. Use this quiz/worksheet assessment to test your knowledge about what an area-regional & neighborhood analysis is and what goes into one.

Quiz & Worksheet Goals

The questions of this assessment will ask you about:

  • Purposes of area-regional and neighborhood analyses
  • Considerations of area-regional and neighborhood analyses

Skills Practiced

This assessment will also test your skills:

  • Interpreting information - verify that you can read information regarding area-regional and neighborhood analyses and interpret it correctly
  • Distinguishing differences - compare and contrast topics from the lesson, such as the different considerations of area-regional and neighborhood analyses
  • Knowledge application - use your knowledge to answer questions about various considerations

Additional Learning

For a review of the material covered in this lesson and more information about area-regional and neighborhood analyses, complete the lesson Area-Regional & Neighborhood Analysis in Property Appraisal. With this lesson you will study:

  • An example of an area-regional and neighborhood analysis
  • Information about the different considerations for area-regional and neighborhood analyses
  • Examples of the different considerations of area-regional and neighborhood analyses
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