6-Appraisal Approaches-Chapter 20

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20.4. Appraisal Approaches Cost Approach: Ideal for unique properties or new constructions with little market data. Sales Comparison Approach: Best for residential properties with ample comparable sales. Income Approach: Suitable for investment properties generating income. 20.4.1. Sales comparison approach to value (market data) The Sales Comparison Approach (also known as the market data approach) is […]

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5-Economic life-Chapter 207-Cost Approach to Value -Chapter 20