Describe the 6 steps to the Income Approach to Value? (hint: refer to slides and instructor notes for specific list) What do you think are the 2 important financial measures you are trying to determine in this process to develop Market Value in this approach?

 

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The Income Approach to Value is a method used in real estate appraisal to estimate the market value of a property based on its incomegenerating potent... View the full answer