Principle Of Progression

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Definition: Principle Of Progression

Principle Of Progression
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Full Definition of Principle Of Progression

A real estate valuation theory which states that a property of lesser value is enhanced through proximity with higher value properties. The principle may be evident during the appraisal process whereby two or more buildings with similar amenities are compared; the less marketable property may be valued slightly higher due to its location.

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Principle Of Progression. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 12, 2025 https://payrollheaven.com/define/principle-of-progression/.
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Principle Of Progression. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/principle-of-progression/ (accessed: February 12, 2025).
American Psychological Association (APA):
Principle Of Progression. PayrollHeaven.com. Retrieved February 12, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/principle-of-progression/

Definition Sources

Definitions for Principle Of Progression are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.