Quantitative Adjustments of Real Estate Sales Comparisons

Instructions:

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

question 1 of 3

Which of the following is not an advantage of using quantitative adjustment methods?

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1. Under which appraisal/valuation method are quantitative adjustment methods utilized?

2. If one of two similar homes in a subdivision has a pool and is worth $250,000 and a comparable home without a pool is worth $200,000, what is the adjustment rate using paired data analysis?

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About This Quiz & Worksheet

When you use the quiz and worksheet, you can see what you know about quantitative adjustments in the SCA. How to identify the median of data sets and how to use the income capitalization method are two topics you need to know for the quiz.

Quiz & Worksheet Goals

These topics are covered on the quiz:

  • Appraisal method that uses quantitative adjustment methods
  • Advantages of using quantitative adjustment methods
  • Finding the adjustment rate
  • Identifying the median of a data set

Skills Practiced

  • Information recall - access the knowledge you have gained about using the income capitalization method
  • Reading comprehension - ensure that you draw the most important information from the lesson on quantitative adjustments
  • Interpreting information - verify that you can read information about how to find the adjustment rate using paired data analysis and interpret it correctly

Additional Learning

If you would like to review more, use the lesson called Quantitative Adjustments of Real Estate Sales Comparisons. Use this lesson any time to:

  • Review the pros and cons of quantitative adjustments
  • Define linear regression
  • Determine how to calculate the mean
  • Explain the term 'central tendency'
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