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21. A house rents unfurnished for $500 per month. Using the gross monthly rent multiplier method, the appraiser estimates value of the subject at $80,000.
21. A house rents unfurnished for $500 per month. Using the gross monthly rent multiplier method, the appraiser estimates value of the subject at $80,000. What's the monthly gross rent multiplier? O (a) 0.16 O (b) 1.60 O (c) 16.0 O (d) 160.0 22. The effective age of a house has been established at 30 years. The remaining economic life is 50 years. What is the percent of depreciation? O (a) 16.7% O (b) 26.7% O (c) 37.5% O (d) 60.0% 23. Which approach to value for owner-occupied, single family housing is based primarily on information obtained by analyzing comparable sales? O (a) cost approach (b) income approach O (c) sales comparison approach (d) unit in place approach feet 24. A rectangular parcel of land containing five acres has 600 feet of road frontage. Depth is O (a) 363 O (b) 495 O (c) 661 0 (d) none of the above 25. If a property is functionally and physically sound and acceptable to the market, but located next to a noisy and dirty industrial site, the effective age will be O (a) at its peak. (b) higher. O (c) lower O (d) unaffected. 26. As the depth of the lot increases, the value per front footage O (a) decreases O (b) decreases, and then begins to increase. O (c) increases at a decreasing rate. O (d) increases in direct proportion to the depth. 27. Of the following architectural styles, which is typically a one-floor plan design? O (a) bi-level (b) Cape Cod O (c) Ranch O (d) split-level 28. What is an example of general data on a subject property? (a) school district O (b) site topography O (C) utility source O (d) view 29. In analyzing comparable sales, an appraiser should (a) adjust the comparable sales to the subject property. O (b) adjust the subject property to the comparable sales. O (c) average all of the comparable sales and adjust the subject accordingly O (d) none of the above 30. The cost approach requires an estimate of O (a) depreciation. O (b) site improvements and building costs. O (c) site value O (d) all of the above
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