What is the result of conformity in property valuation?

Conformity in property valuation refers to the principle that properties tend to achieve higher values when they are similar in style and function to the properties surrounding them. When properties in a neighborhood conform to each other in terms of size, style, and function, it typically leads to increased market stability and overall property value.

This is because potential buyers are often more attracted to areas where there is a sense of uniformity, as it can suggest a well-maintained community and predictability in market trends. Additionally, when properties conform to neighborhood standards, they are less likely to experience drastic fluctuations in value, enhancing overall market stability. This uniformity can also support higher selling prices, as buyers may be willing to pay a premium for properties that are consistent with the characteristics of the area.

In contrast, the other options indicate outcomes that would not typically arise from conformity. A boost in the variety of property types would suggest a lack of conformity, leading to potential confusion or decreased value. Similarly, a decrease in average market prices and a disorganized property market are both contrary to what conformity aims to achieve, which is a cohesive and valuable property landscape.