Methods of appraisal of real estate are comparable value

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Reference no: EM131361201

The three standard methods of appraisal of real estate are comparable value, cost of reproducing the improvements and the income approach. Discuss the the three approaches in terms of the users of each- which is most useful for what type of properties. In addition, discuss the drawbacks of each in the context of what an appraisal is to be used for.

Reference no: EM131361201

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