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Comparative Unit Method

 
Real Estate Dictionary: Comparative Unit Method

An appraisal technique to establish relevant units as a guide to Appraising the subject property.
Examples:

• Parking garages are compared per parking space.

• Bowling centers are compared per lane.

• Land may be sold per square foot or per Front Foot.

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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