Progression (Appraisal)

Definition: Progression is the tendency for a lower-value property to benefit from its association with higher-value properties of a comparable type.

Example

A modest home may command more in a neighborhood of well-maintained, higher-value homes than in an otherwise similar weaker setting.

Keep the distinction clear

This is a market influence, not a guarantee or fixed adjustment. Regression describes the opposite influence on a superior property.

Related terms

Regression (Appraisal) · Comparable Property · Market Value

Keep studying

Comparable Sales: Adjustments and Weighted Values

References: California DRE: appraisal and valuation concepts

Pronunciation (US): pruh-GRESH-uhn (capitals show stress)

Pronunciation reference: Merriam-Webster