Tag: Home Appraisal

Cost approach: The cost a buyer would pay for a property should be equivalent to the cost of building a similar structure.&nbsp;
Sales comparison: Property value is determined by comparing similar local properties in a similar real estate market.&nbsp;
Income approach: Investors estimate the income a property could potentially bring in to see if it’s worth funding.&nbsp;

Posted on 05/14/2025

Appraisals are done often in real estate and are a vital...

© 2025 Greater Chattanooga Association of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from the Greater Chattanooga Association of Realtors and the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 06/20/2025 03:55 PM