Texas: Real Estate -Valuation and Market
Analysis Study Guide Exam Questions
and Actual Answers|| GRADED A+||
LATEST UPDATE 2026
Three identical homes in a neighborhood were listed at the same time in a market we
are in demand was constant. According to the law of supply and demand, which would
have sold for the lowest price? -CORRECTANSWER The first sold.
Depreciation is calculated based on the -CORRECTANSWER Cost of the building only.
When compiling a competitive market analysis, a broker would look for comparable
properties that -CORRECTANSWER Were located near the property being listed
A competitive market analysis is MOST often used for -CORRECTANSWER Setting a
listing price.
If all other factors are equal, in which location is a parking lot likely to bring the highest
sales price? -CORRECTANSWER Business district zoned for a six-story office building
A competitive market analysis takes into consideration -CORRECTANSWER Square
footage of the subject property.
Analysis Study Guide Exam Questions
and Actual Answers|| GRADED A+||
LATEST UPDATE 2026
Three identical homes in a neighborhood were listed at the same time in a market we
are in demand was constant. According to the law of supply and demand, which would
have sold for the lowest price? -CORRECTANSWER The first sold.
Depreciation is calculated based on the -CORRECTANSWER Cost of the building only.
When compiling a competitive market analysis, a broker would look for comparable
properties that -CORRECTANSWER Were located near the property being listed
A competitive market analysis is MOST often used for -CORRECTANSWER Setting a
listing price.
If all other factors are equal, in which location is a parking lot likely to bring the highest
sales price? -CORRECTANSWER Business district zoned for a six-story office building
A competitive market analysis takes into consideration -CORRECTANSWER Square
footage of the subject property.
