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Definitions for "PRINCIPLE OF PROGRESSION"
Keywords:  proximity, fancier, enhanced, notion, appraisal
Related Terms: Regression, Unearned increment, Over-improvement, Property value, Comparable, Comparables, Real estate appraisal, Property appraisal, Appraisal, Drive-by appraisal, Comps, Sales comparison approach, Appraisal methods, Market data approach, Appraised value, Appraiser, Overimprovement, Independent appraisal, Cost approach, Highest and best use, Home appraisal, Market approach, Underimprovement, Improvement, Comparable sales, Approaches to value, Economic depreciation, Subject property, Appreciation, Value, Assess, Economic obsolescence, Land value, Income approach to value, Capital improvement, Progression, Taxable value, Allocation method, Appraise, Final value estimate, Accrued depreciation, Assessment ratio, Valuation, Proposition 13, Base year value, Assessed value, Over improvement, Capital improvements, Comparative market analysis, Appraisal report
The notion that a smaller house's value will be enhanced if it is near larger, fancier houses.
alexkeaton.com
An appraisal term which states that real estate of lower value is enhanced by the proximity of higher-end properties.
apnaeghar.com
The belief that the value of a smaller dwelling will increase if it is located among larger and more expensive dwellings.
canequity.com
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Keywords:  worse, better, surrounded, greater, equally
The principle that states that the value of a property will be greater when it is surrounded by properties that are in better condition than it would be if it is surrounded by properties in equally good or worse condition.
arizona.hudhomesearch.com