What necessity should NOT be overlooked when selecting improved property sales?

Study for the Appraiser III Exam. Unlock comprehensive flashcards and multiple choice questions, each with hints and detailed explanations. Prepare to excel in your exam!

When selecting improved property sales, it is essential to focus on the amenities and characteristics of the properties. These factors significantly influence a property's value and appeal to potential buyers. Amenities can include features such as pools, modern kitchens, energy-efficient appliances, and other enhancements that make a property more attractive. Characteristics refer to the attributes of the property itself, such as square footage, layout, location, and architectural style.

Understanding these factors allows appraisers to make more informed comparisons between similar properties, ensuring that appraisals are grounded in attributes that buyers value. When these elements are systematically evaluated, it can lead to more accurate assessments of market value, enabling appraisers to provide realistic appraisals that reflect current buyer preferences.

Market fluctuations, negotiation strategies, and future zoning changes are all important elements to consider as well, but they are secondary to the direct impact that amenities and characteristics have on the property's current and future value in the eyes of the market. Therefore, while all factors are relevant, the amenities and characteristics are pivotal in making relevant comparisons in improved property sales.

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