Humber/Ontario Real Estate Course 2 Exam Practice

How can stigmas unfeasibly affect property value?

1. By lowering the physical appeal of properties.

2. By creating perceived risks without tangible issues.

3. Stigmatized properties sell faster than others.

4. Such properties always retain higher market value.

5. Salespersons can easily quantify stigma impacts.

6. Stigmas often increase property value.

The correct answer is: By creating perceived risks without tangible issues.

Stigmas can unfeasibly affect property value by creating perceived risks without tangible issues. This means that even if the property itself is in good physical condition and has no actual problems, the stigma surrounding it can still potentially lower its value in the eyes of buyers. Stigmas can lead to buyer reluctance, lower demand, and ultimately impact the property's market value negatively. Options A, C, D, E, and F are not the correct answers because they do not accurately reflect how stigmas can unfeasibly affect property value. Stigma does not necessarily relate to the physical appeal of properties, affect the speed at which properties sell, ensure properties retain high market value, allow for easy quantification by salespersons, or increase property value. The key factor is the perceived risk associated with the stigma rather than any actual issues with the property itself.