Appraisal Approaches

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1 Sections
1 Types

January 1, 1 5 min read Definitions

Special-Purpose Property Real Estate Marketability Appraisal Approaches Income Approach Cost Approach Market Comparison Approach Unique Features

A special-purpose property is a building with unique features and limited uses, making its marketability niche-driven. Examples include churches, theaters, schools, or public utilities.

January 1, 1 5 min read Definitions

Unit Value

Unit Value Business Valuation Public Utility Railroad Appraisal Approaches Ad Valorem Tax Property Tax Apportioning

Unit value refers to the valuation of an entire business entity, such as a public utility or railroad. This valuation is crucial for purposes such as assessing property taxes.