SAEE Study Guide 2026
Everything you need to pass the SAEE exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 SAEE Exam Format at a Glance
📚 SAEE Topics to Study (146)
✍️ Sample SAEE Questions & Answers
1. Find the missing value: 5, 11, 23, 47, ___
Each term = previous × 2 + 1: 47 × 2 + 1 = 95.
2. In the cost approach, the land value must be estimated separately because:
Land is considered to have an infinite economic life and does not depreciate, so it is valued separately from improvements.
3. An appraiser finds that adding a fourth bedroom to a three-bedroom home increases its value by only $5,000, while each of the first three bedrooms added far more. This illustrates the principle of:
Diminishing marginal returns means each additional unit of improvement contributes less to overall value than the previous unit.
4. Which principle explains why an oversized luxury home in a modest neighborhood may not recover its full cost?
Regression holds that a superior property's value is pulled down by surrounding lesser-valued properties.
5. Which unit of comparison is MOST commonly used when applying the market approach to residential properties?
Price per square foot of living area is the most widely used unit of comparison for residential property valuation.
6. What does 'liquidation value' under IVS typically assume?
Liquidation value assumes the seller is compelled to sell, often quickly.
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