Property Valuation
Texas mixed-use properties present appraisal challenges because:
ATREC prohibits the appraisal of mixed-use properties
BEach use component may require a different approach and there are fewer comparable sales✓ Correct
COnly the income approach can be used
DThe Texas Railroad Commission must approve the appraisal
Explanation
Mixed-use properties with both residential and commercial components require appraisers to analyze each segment and weigh multiple approaches. The lack of direct comparable mixed-use sales can make reconciliation more challenging.
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