Property Valuation
The income capitalization approach to value is most useful for appraising:
ASingle-family owner-occupied residences
BIncome-producing properties such as apartment buildings and commercial properties✓ Correct
CVacant land with no improvements
DNew construction properties
Explanation
The income capitalization approach values property based on its income-producing potential. It is the primary method for appraising income-producing properties like apartment buildings, retail centers, and office buildings.
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