APPRASAL

The benefits and drawbacks of different appraisal methods: Comparative market analysis, cost approach, and income approach

When it comes to appraising a property, there are several methods that can be used to determine its value. In this article, we will explore three common appraisal methods – comparative market analysis, cost approach, and income approach – and discuss their benefits and drawbacks. Comparative Market Analysis Comparative market analysis (CMA) is a method that compares a property to similar properties...

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