Cost Approach in Fifteen Minutes or Less
Appraisal Buzz
NOVEMBER 29, 2021
Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) In 2010, I was still puzzled by the reticence of many appraisers to embrace the Cost Approach as it increases our level of credibility.
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