AG HBU Part 8. Level B Marketability Analysis for Multiunit Property: Steps 1–3

Question 1

Place the appropriate letter next to the number:
A. Neighborhood
B. Competitive market area
C. Market area
D. Micro location analysis
E. Property productivity analysis
F. Macro location analysis

1. Where the subject property’s direct competition is located
2. A group of complementary land uses
3. Focuses on the subject property’s relative location within the neighborhood
4. Analysis of a property’s capacity to deliver goods and services to meet human needs
5. The area where current and future household growth is measured
6. Residential neighborhoods identified and compared on the basis of their appeal and characteristics

Answer 1

1. B. Competitive market area
   Where the subject property’s direct competition is located
2. A. Neighborhood
   A group of complementary land uses
3. D. Micro location analysis
   Focuses on the subject property’s relative location within the neighborhood
4. E. Property productivity analysis
   Analysis of a property’s capacity to deliver goods and services to meet human needs
5. C. Market area
   The area where current and future household growth is measured
6. F. Macro location analysis
   Residential neighborhoods identified and compared on the basis of their appeal and characteristics