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SALES COMPARISON APPROACHThe sales comparison approach is an appraisal tool for estimating the value of a property with other similar properties that have sold recently.
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SALES COMPARISON APPROACHAn appraisal practice which estimates the value of a property by comparing it to comparable properties which have sold recently.
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SALES COMPARISON APPROACHDefinition The process of estimating the value of a property by examining and comparing actual sales of comparable properties.
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SALES COMPARISON APPROACHAn appraisal practice which estimates the value of a property by comparing it to comparable properties which have sold recently.
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SALES COMPARISON APPROACHA method of estimating market value by comparing similar properties which have recently sold. It’s based on the supposition that an informed purchaser would pay no more for a property than the cost of [..]
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SALES COMPARISON APPROACHA set of procedures in which a value indication is derived by comparing the property being appraised to similar properties that have been sold recently, applying appropriate units of comparison, and making adjustments to the sale prices of the comparables based on the elements of comparison. The sales comparison approach may be used to value improv [..]
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