Think about town-community or neighborhood

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Think about a town, community or neighborhood. It can be your hometown, or Athens, and any community of your choice. Now, answer the following questions:

1. What properties in that community would more likely be valued by the sales comparison approach than any other? Provide an example and discuss why.

2. What properties in that community would more likely be valued by the cost approach than any other? Provide an example and discuss why.

3. What properties in that community would more likely be valued by the income capitalization approach than any other? Provide an example and discuss why.

Reference no: EM133231198

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