Property Valuation
In South Dakota, the 'sales comparison approach' is most appropriate for which type of property?
AA newly constructed church with no comparable sales
BA residential single-family home in an active market✓ Correct
CA downtown Sioux Falls high-rise office building
DA grain elevator with specialized construction
Explanation
The sales comparison approach is most appropriate and reliable for residential single-family homes in active markets, where numerous comparable sales provide strong market evidence.
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