Archive for June 2023
Types of Home Appraisals: Sales Comparison vs. Cost Comparison Approach
Real estate appraisers use one of three methods: the sales comparison approach, the cost comparison approach, and the income approach. Sales comparison and cost comparison are the two most common methods. Below is an explanation of each, how they differ, and which types of home appraisals each one is most appropriate for. What Is the…
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