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Posted on Aug 07, 2024

The income approach gives an estimate of the property value based on the: A . cost of buying land and constructing a comparable property. B

The income approach gives an estimate of the property value based on the:

A $.$ cost of buying land and constructing a comparable property.

B $.$ present value of the expected future income from the property and its resale price at the end of holding period.

C $.$ sales price of similar properties in the current market.

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