Property Valuation
The cost approach to value is most reliable for appraising:
AIncome-producing apartment complexes
BSpecial-use properties such as churches, schools, or government buildings✓ Correct
CSingle-family homes in active resale markets
DVacant commercial land
Explanation
The cost approach is most reliable for special-use properties (churches, schools, government buildings, hospitals) where comparable sales and income data are scarce. It estimates value as the cost to replace the improvements less depreciation, plus land value.
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