Alberta Real Estate Tutor

Alberta Real Estate Exam Prep Q&A 40: Principle of Value


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In today's Question of the day, we differentiate the types of Principle of Values.

Multiple-choice question: The statement "Where properties in the same area are dissimilar, the property with the higher value will be adversely affected in value by its proximity to properties of lesser value" best describes which Principle of Value? a. Principle of Substitution b. Principle of Anticipation c. Principle of Regression d. Principle of Progression

Put your answer in the comments and let's see if you got it right!

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Alberta Real Estate TutorBy Raman Gakhal

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