A market analysis is not
A) an estimate of the price of a home.
B) a guarantee of the price you will receive when selling a home.
C) based on similar homes in the area.
D) determined by multiplying the number of square feet in the home by the average price per square foot of comparable homes.

Question

Quizplus · Accepted Answer

A market analysis can estimate the price of a home and is often based on similar homes in the area and can involve calculating the price per square foot of comparable homes. However, it does not guarantee the price one will receive when selling a home, as market conditions and negotiations can affect the final sale price.

A Market Analysis Is Not