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Florida Real Estate Course
Chapter 17
Florida Real Estate Practice Question
Which appraisal approach would an appraiser rely on most heavily when determining the value of a newly constructed municipal fire station?
Answer choices
A
The sales comparison approach
B
The cost depreciation approach
C
The income capitalization approach
D
The gross rent multiplier approach
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Real Estate Appraisal: Value, Comparables and Three Approaches
All chapter guides
Why can construction cost, sale price, and market value all be different?
Does highest and best use simply mean whichever use earns the most money?