medium · National Real Estate Exam valuation
In the final step of the appraisal process, an appraiser must reconcile the values indicated by the three approaches.
If the subject is an older, income-producing duplex in a neighborhood with many recent similar sales, which approach should typically receive the most weight?
- The Sales Comparison Approach
- An equal weighting of all three approaches
- The Income Approach
- The Cost Approach
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