A homeowner paid for an appraisal prior to putting his property on the market. The home was on a double lot with a three car garage and a pool with a hot tub, and was much larger than all the neighboring homes. He was devastated when the appraiser came up with a price that was much lower than he expected. What principle did the appraiser apply for the appraisal?
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A homeowner paid for an appraisal prior to putting his property on the market. The home was on a dou...
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