This method involves comparing the subject property to similar properties in the area that have recently sold to determine its value. Factors such as size, age, condition, and location are considered in the comparison. Select an option This method involves estimating the cost of rebuilding the property from scratch, then deducting any depreciation or wear and tear to arrive at a value. This method is commonly used for newer or unique properties. Select an option This method involves estimating the property's value based on its ability to generate rental income. The value is calculated based on the net operating income (rental income minus expenses) and the capitalization rate, which represents the return an investor expects to receive on their investment