Statements regarding zoning and direct comparison

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Reference no: EM132941882

Which of the following statements regarding zoning and direct comparison is FALSE?

1. An appraiser may use comparable parcels with slightly different zoning but a similar highest and best use.

2. A property's designated zoning or the potential for change in zoning is a key consideration in selecting comparable properties.

3. Zoning is one of the primary determinants of highest and best use because it serves as a test for physical possibility.

4. Different zoning classifications can cause differences in prices per comparable unit.

Reference no: EM132941882

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