Change in Zoning You complete an appraisal and estimate a well-supported value opinion; however, the client calls and informs you that the zoning of the property may change. The client now wants to know how the value would be affected. In 200 to 250 words, address the following: How would the value conclusion of a given appraisal change if the property zoning was changed from residential to commercial? How would the land value analysis change? How can we determine if the property is in its highest and best use now that the land-use regulations have changed? Guided Response:Respond to at least two of your peers and discuss what elements you would choose to change in the sales comparison approach to capture the value of the zoning change.

Residential zoning to commercial zoning would...