One of 3 methods to estimate the value of property: Cost Approach, Income Approach and Market Comparison Approach.
Example: An independent fee appraiser generally uses each of the 3 appraisal approaches when preparing an appraisal report.
Appraisal Approach
| Real Estate Dictionary: Appraisal Approach |
| 5min Related Video: Appraisal Approach |
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 | Final Value Estimate |
| Special-Purpose Property |
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 | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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