A comprehensive explanation of the Cost Approach, a method determining the value of a property based on the cost to replace or reproduce the improvements, minus depreciation.
The Market Approach, synonymous with the Sales Comparison Approach, is a method used primarily in real estate and business valuation which uses comparable transactions to determine the value of a subject property or business entity.
The Sales Comparison Approach estimates property value by analyzing sale prices of similar properties recently sold, also known as the Market Comparison Approach.
Explore the Income Approach, a real estate appraisal method that estimates property value based on generated income. Understand its calculation, applications, and examples.
An in-depth exploration of the Market Approach, a method for determining the value of an asset by analyzing the selling prices of comparable items. This entry covers the theory, types, applications, and examples of the Market Approach in various industries.
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