USPAP Practice Exam 2025 – Complete All-in-One Guide to Mastering Professional Appraisal Standards

Question: 1 / 415

What is the main focus of a mass appraisal according to USPAP standards?

Individual property assessments

Market conditions

Group of properties

The main focus of a mass appraisal, according to USPAP standards, is on a group of properties. Mass appraisal refers to the process of valuing a group of properties, typically for tax assessment purposes, using standardized procedures and statistical methods. This approach contrasts with individual property assessments, which focus on the unique attributes of a single property.

In mass appraisal, the appraiser collects and analyzes data on a large number of properties to derive estimates of value that can be applied consistently across similar properties. This method is efficient and necessary for large-scale valuation situations, such as municipal tax assessments, where individual evaluations of every property would be impractical and time-consuming. Market conditions may inform mass appraisals, and sales history analysis can be a part of the data collection process, but these elements serve to support the overarching goal of valuing groups of properties rather than individual ones.

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Sales history analysis

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