It May Be Appropriate for a Real Estate Professional to Utilize

Multiple Choice

It may be appropriate for a real estate professional to utilize different approaches for estimating the market value of a property depending upon the particular property type and use. Which of the following approaches would be most applicable when considering the valuation of retail office space (i.e., which approach would receive the most weight in the valuation process) ?

A) Income approach
B) Sales comparison approach
C) Cost approach
D) Investment approach