An estimate of value obtained by comparing property being appraised with recently sold comparable properties.
Related information about market data approach:
- The Market Data Approach to Property Valuations
It is generally accepted within property valuation circles that there are three main valuation techniques that can be used. These include the cost approach, the ...
- Approaches To Value
The market data approach to value is generally the most reliable indicator of value for residential properties. The sales comparison approach is based on the ...
- What is market data approach? definition and meaning
Definition of market data approach: An estimate of value obtained by comparing property being appraised with recently sold comparable properties.
- market data approach - Financial Dictionary - The Free Dictionary
A former term for the direct sales comparison method of appraisal. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site ...
- Definition of market data approach to value
market data approach to value -- the estimation of the market value of a property by comparing it with similar properties in the general area that have sold ...
- What is Market-Data Approach (Real Estate) - Super Glossary
Estimating a propertys value based on a comparison of the property with similar properties in the same locale that have sold recently. Also known as the direct ...
- Market Data Approach or Sales Comparison Approach | Scott The ...
Oct 23, 2012 ... The market data approach or sales comparison approach to appraising property is a comparison of the property to other properties of similar ...
- Real Estate Terminology
The latter is limited by Acts of Congress concerning public use of navigable air space which is considered in the public domain. MARKET DATA APPROACH ...