Property Valuation
The replacement cost approach to value is MOST useful for which Texas property type?
AA 20-unit apartment building with strong rental history
BA special-purpose property like a church, school, or museum with few comparable sales✓ Correct
CA retail strip center in a busy Dallas suburb
DVacant land in Austin
Explanation
The cost approach is most useful for special-purpose properties (churches, schools, government buildings, museums) that rarely sell and have no comparable rental income, making the sales comparison and income approaches less applicable.
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