NACVA Exam CVA Topic 4 Question 98 Discussion

Actual exam question for NACVA's CVA exam

Question #: 98
Topic #: 4

Which of he following factors is NOT considered, among others, when determining if quantitative adjustments to the sales comparison data are necessary?

AAge of each transaction

BLand-to-building ratio of each property

CAbsolute location and relative location of each property in relation to population centers, highways, and so forth

DSafety aspects of each property

Show Suggested Answer

Suggested Answer: D

by Dierdre at Sep 17, 2024, 07:33 AM

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Malcolm

1 months ago

I'll go with C. Absolute and relative location are definitely important factors in the sales comparison, but safety? Nah, that's not part of the equation.

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Winifred

1 months ago

B has got to be the right answer. I mean, the land-to-building ratio is more about the physical characteristics of the property, not the sales comparison.

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Kassandra

14 days ago

User 3: Definitely, it's more about the location and age of the transactions.

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Marge

24 days ago

Yeah, I agree. The land-to-building ratio doesn't really affect the sales comparison data.

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Stefanie

29 days ago

I think B is the right answer too. It's more about the property itself.

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Yvonne

1 months ago

But safety aspects can greatly affect property value, so it should be considered too.

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Marg

2 months ago

Hmm, I'd say D is the correct answer. Safety is not a factor in the sales comparison analysis, unless you're evaluating properties for a superhero's lair.

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Romana

8 days ago

C) Absolute location and relative location of each property in relation to population centers, highways, and so forth

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Bobbye

20 days ago

B) Land-to-building ratio of each property

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Jean

29 days ago

A) Age of each transaction

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Emerson

2 months ago

I disagree, I believe it's B) Land-to-building ratio of each property.

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Maile

2 months ago

I think the answer is B. The land-to-building ratio is more of a structural consideration, not a sales comparison factor.

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Merilyn

18 days ago

Yeah, I think it's more about the building design and layout, not necessarily a factor in determining the need for quantitative adjustments in sales comparison data.

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