Real Estate Appraisal Practice Exam

When appraising a property, which item would likely be marked as a fixture?

1. Portable basketball hoop

2. Built-in sandbox

3. Garden decorations

4. Furniture

The correct answer is: Built-in sandbox

A built-in sandbox is typically regarded as a fixture because it is permanently attached to the property and generally aligns with the definition of a fixture in real estate. Fixtures are items that are affixed to the property in such a way that they are considered part of the real estate. Since the sandbox is constructed into the property, it usually remains with the property when it is sold, thus enhancing the value and usability of the land. In contrast, a portable basketball hoop, garden decorations, and furniture are not permanently affixed to the property. They can be easily removed without causing damage, which is a key factor in distinguishing fixtures from personal property. Fixtures are meant to be included in the sale of the property unless otherwise stated, reflecting the connection and contribution they have to the overall value and function of the real estate.