Real Estate Appraisal – Bring Back the Cost Approach

Real Estate Appraisal – Bring Back the Cost Approach

[ad_1] In the last few years there has been a trend towards a complete discounting of the Cost Approach to value in residential appraisal. For owner occupied homes, the sole technique is now the Sales Comparison Analysis, which involves selecting and comparing individual property sales to a subject property. Many lenders and government agencies no …

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