General Appraiser Income Approach Study guides, Class notes & Summaries

General Appraiser Income Approach Latest Updated exam Law of decreasing returns - answers-Prior to listing his property for sale, the owner spent $35,000 remodeling the bathroom. The market will only bear $20,000 of this expenditure. Which economic principle does this demonstrate? Regression Economic Principles. If you have the most expensive house on the street - that's a bad thing. Your value will tend to be decreased, or regress upward towards the lower values. - answers-Th...

General Appraiser Income Approach Latest Updated exam Law of decreasing returns - answers-Prior to listing his property for sale, the owner spent $35,000 remodeling the bathroom. The market will only bear $20,000 of this expenditure. Which economic principle does this demonstrate? Regression Economic Principles. If you have the most expensive house on the street - that's a bad thing. Your value will tend to be decreased, or regress upward towards the lower values. - answers-Th...