ValuationValuation_appraisalMEDIUM
When appraising Texas properties, the cost approach is most appropriate for:
Correct Answer
B) New or unique properties with few comparables
The cost approach is best for new construction or unique properties where comparable sales are limited.
Answer Options
A
Residential homesB
New or unique properties with few comparablesC
Rental propertiesD
Vacant landAudio Lesson2 min
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Related Topics & Key Terms
Related Topics:
property-valuation-methodssales-comparison-approachincome-capitalization-approach
Key Terms:
cost approachunique propertiesnew constructionappraisal methodscomparables
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