

- Sep 12, 2022
- 3 min
Deciding the Best Approach for Commercial Real Estate Valuation
When valuing commercial property, there are three primary approaches typically used by appraisers: Direct Comparison Cost Income To develop a well-supported opinion of value, an appraiser may use one or more of these approaches, which approach is applied will depend on the type of property being valued, the intended use of the appraisal, and the quality of the data available. Each approach has its strengths and weakness but one or more may have greater significance in a part