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Business, 13.02.2020 22:06 bethdove9466

Mrs. Jones, an appraiser, is appraising a single family residence for which she has located six closely comparable properties, all sold within the past six months. The subject property is rented for $1,500 per month. It is a custom-built home, approximately three years old. Mrs. Jones would probably give the most weight in her final estimate of value to which of the following appraisal methods?

1 Cost approach
2 Market data approach
3 Income approach
4 Gross rent multiplier

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Mrs. Jones, an appraiser, is appraising a single family residence for which she has located six clos...

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