Property Valuation
A Florida appraiser is working on a commercial office building. Which valuation approach is likely to be given the most weight?
ASales comparison approach only
BIncome approach, as investors primarily value income-producing properties based on income potential✓ Correct
CCost approach only
DAll approaches are weighted equally
Explanation
For income-producing commercial properties (office buildings, retail centers, apartments), the income approach is typically given the most weight because investors make purchase decisions based on income generation and return on investment.
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