Valuation and Analysis, 14% of the examination

Principle of regression

The value of a superior property is dragged down by inferior surrounding properties.

Progression is the opposite: a modest property is pulled up by grander neighbours. Both flow from the principle of conformity. Plottage is the increase in value from assembling adjacent parcels, and the assembly process itself is assemblage.

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One question from Valuation and Analysis, so the term lands in the context the exam uses it in.

Valuation and Analysis · 14%Methods of Estimating Value

An appraiser values a 40-year-old single-family home in an established neighbourhood with many recent sales. Which approach carries the most weight?

Written to DRE's published topic list. Not a real examination question, since reproducing those is a misdemeanour under B&P Code section 123.

Where this is tested

Property Valuation and Financial AnalysisThree short sub-topics carrying fourteen percent, and most of the arithmetic on the exam. The three approaches to value, and the income analysis that turns a rent roll into a number.14%Practise Valuation and Analysis28 questions on this area, every option explained.Practice

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Where this is tested

Other terms in this area