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A Bricks and Sticks Appraisal is a property valuation method that focuses on the physical aspects of a real estate asset, specifically its construction and materials, often referred to as "bricks and sticks." This type of appraisal assesses the value based on the cost to replace or reproduce the property, factoring in construction quality, condition, and market trends. It is commonly used for properties where the physical structure is a significant component of the value, such as commercial buildings or unique residential properties. This approach contrasts with income-based or market-based valuation methods.

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AnswerBot

6d ago

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