Understanding The Appraisal Part 3: The Cost Approach

A Closer Look At The Cost Approach There are three approaches to value that can be used in a residential appraisal. They are the sales comparison approach, the income approach, and the cost approach. Today I will be explaining the cost approach to value. This approach is not given as much attention as the sales […]

The post Understanding The Appraisal Part 3: The Cost Approach appeared first on Birmingham Appraisal Blog.

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  3. Can the cost approach be used over the sales comparison approach since it’s higher?

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