If All Appraisal Methods Are Appropriate for Use in Valuing

Multiple Choice

If all appraisal methods are appropriate for use in valuing a particular property, there is a clear order of preference that real estate professionals adhere to. Which of the following depicts the preferred order, with the most preferable approach being listed first and the least preferable listed last?

A) Sales comparison approach, cost approach, income approach
B) Income approach, Sales comparison approach, cost approach
C) Cost approach, income approach, sales comparison approach
D) Sales comparison approach, income approach, cost approach