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Author: Carol Kokinis-Graves
Description: This course describes different approaches used in the valuation of real estate and state court decisions that explain when each approach may be appropriate. Appraisers traditionally use three approaches to arrive at an accurate estimate of value: the cost approach, the income approach, and the sales-comparison approach. The course examines uses of these three approaches in the valuation of real estate (whether exclusively or in combination) from case law in Connecticut, Illinois, and Minnesota. |
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