Market Comparison Approach
Barron's Business Dictionary:
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Market Comparison Approach
In real estate, one of three appraisal approaches. The value is estimated by analyzing sales prices of similar properties (comparables) sold recently.
See also COST APPROACH ; INCOME APPROACH .
See also COST APPROACH ; INCOME APPROACH .
| Market Capitalization, Market Basket, Market Analysis | |
| Market Demand, Market Development Index, Market Economy |
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Market Comparison Approach
Barron's Real Estate Dictionary:
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Market Comparison Approach
Former name for sales comparison approach.
| Market Area, Market | |
| Market Delineation, Market Indicators |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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