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An appraiser is reconciling an appraisal of an office building. The appraiser performed a sales comparison approach with a final adjusted sale price of
An appraiser is reconciling an appraisal of an office building. The appraiser performed a sales comparison approach with a final adjusted sale price of 303,342, cost approach with a final indication of value of 348,884, and an income approach with an indication of market value of 301,610. After analyzing all the data, the appraiser placed 40% weight on the sales comparison approach, 30% on the cost approach, and 30% on the income approach.
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