Which of the following is NOT a method of assessing value in real estate?

The correct choice is identified as not being a method of assessing value in real estate. Assessing property value typically involves established methods that provide systematic approaches for determining worth based on various types of data.

The Sales Comparison method evaluates properties based on sales of comparable properties, taking into account adjustments for differences. The Income Approach calculates property value based on the income it generates, which is particularly relevant for investment properties. The Market Approach is a broader term that can encompass various valuation techniques, including both sales comparison and other market-driven analyses.

Random Sampling, however, is not a method used to assess real estate value. Instead, it refers to a sampling technique used in research and statistics, which does not directly determine the value of real estate. While it might be used in collecting data or conducting surveys regarding property values, it does not serve as a recognized or reliable method for valuing real estate itself. Thus, recognizing random sampling as not a valuation method is crucial for understanding the types of methodologies that are applicable in real estate assessments.