In a riverfront property appraisal, which sale is likely to provide the best indication of value for the subject property?

• A. Sale A
• B. Sale B
• C. Sale C
• D. None

Answer: (A)

The key idea is to use the most comparable sale for a riverfront property. Riverfront value is driven by location-specific features like frontage amount, exposure to the water, views, access, and related land characteristics, plus similar market conditions at the time of sale. The best indication of value comes from the sale that most closely matches the subject on those attributes, because smaller differences mean smaller adjustments and less error. So the sale whose riverfront characteristics—frontage, view, access, and overall land type—are nearest to the subject will provide the strongest evidence of value. The other sales differ in these riverfront features or timing, requiring larger adjustments and making them less indicative.