Property Valuation
When appraising a unique Maine waterfront estate with no direct comparable sales, an appraiser would most likely rely on the:
ASales comparison approach only
BIncome approach only
CCost approach as primary method✓ Correct
DAverage of all three approaches equally
Explanation
When comparable sales are lacking, particularly for unique or specialty properties, the cost approach provides a reliable value estimate based on land value plus depreciated improvement costs.
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