Property Valuation
The cost approach to value is MOST appropriate for:
AIncome-producing properties with many comparables
BOlder properties with extensive physical depreciation
CSpecial-use properties with few comparable sales✓ Correct
DResidential properties in active markets
Explanation
The cost approach is most appropriate for special-use properties (such as churches, schools, and government buildings) that have few comparable sales and are not typically purchased for their income-producing potential.
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