Arizona Real Estate License Practice Exam

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Question: 1 / 20

When checking for conformity of a home in a neighborhood, which factor would an appraiser disregard?

Size

Style of architecture

Listed price

An appraiser focuses on various factors to determine the conformity of a home within a neighborhood, such as size, style of architecture, and amenities. These characteristics play a crucial role in evaluating how well a property aligns with the surrounding area, affecting its overall market value.

The listed price, however, is not a factor that reflects the physical or intrinsic characteristics of a property. It is often subjective and influenced by seller expectations and market conditions rather than a concrete aspect of the property itself. Prices can vary widely, regardless of the actual features or condition of the home compared to others in the neighborhood. Therefore, when assessing conformity, the appraiser places more importance on tangible factors that can more accurately indicate how a home fits into its environment, rather than the listed price, which may not necessarily correlate with those factors.

Amenities

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