Article Income Approach Sales Comparison Approach 
Concept Appraisals
OCTOBER 6, 2023
The fair market value is generally determined based on comparable sales of similar properties, income the property generates, and the cost of replacing the property minus depreciation. These are commonly referred to as the Sales Comparison Approach, Income Approach, and Cost Approach respectively.
Prime Appraisals
NOVEMBER 15, 2023
In this article, we'll delve into the world of appraisal professionals and explore why choosing the right ones is essential. Market Analysis: Appraisers analyze the local real estate market, considering factors like supply and demand, market trends, and recent property sales. This analysis helps them arrive at an accurate valuation.
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