NACVA Exam CVA Topic 4 Question 98 Discussion

Actual exam question for NACVA's Certified Valuation Analysts exam

Question #: 98
Topic #: 4

[All Certified Valuation Analysts Questions]

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 days 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

3 days 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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Yvonne

4 days ago

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

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Marg

10 days 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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