Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 5 of 8
The disadvantage of relying solely on the comparative sales approach to valuing real estate is that the approach:
B. relies on selling prices, not asking prices.
C. requires estimating a market capitalization rate.
D. works well only for new or relatively new buildings.
A. does not reflect the fact that every property is in some respect unique.
B. relies on selling prices, not asking prices.
C. requires estimating a market capitalization rate.
D. works well only for new or relatively new buildings.
User Contributed Comments 2
| User | Comment |
|---|---|
| johntan1979 | D is for Cost Approach |
| schweitzdm | Thanks John |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain the investment characteristics of real estate investments
CFA® 2025 Level I Curriculum, Volume 5, Module 4.