(RAA) Certified Residential Accredited Appraiser Practice Test
RAA Sales Comparison Approach
What is the primary purpose of the Sales Comparison Approach in property appraisal?
Select your answer
A
To evaluate the cost of new construction.
B
To compare the subject property with similar properties that have recently sold.
C
To calculate the income potential of the property.
D
To estimate the property's rental income.
Hint
