Which type of adjustments should an appraiser make last when adjusting for differences?

Prepare for the SAE Appraisal Exam with our quiz. Study with multiple choice questions that include hints and explanations. Build your knowledge and get exam-ready!

The correct answer is dollar adjustments.

When appraisers are adjusting for differences in properties, they must consider multiple factors that can affect value. Dollar adjustments are typically made last because they often summarize the impacts of previous adjustments made for features, location, and specific percentages.

First, appraisers usually adjust for location because differences in geographical areas can significantly impact a property's value. After this, feature adjustments are made to account for specific characteristics of a property that can influence its marketability or desirability. Percentage adjustments are then considered as they reflect how much value changes are influenced proportionately based on overall assessments of features and location.

Finally, when all other adjustments are calculated, dollar adjustments provide a final numerical representation of the various influences accounted for in the earlier stages. This order ensures that the adjustments are logical and reflect a comprehensive understanding of how each factor affects overall value.

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