Property Valuation
The cost approach to value is most reliable for:
AOlder single-family homes in established Salt Lake City neighborhoods
BSpecial-use properties and new construction with few comparable sales✓ Correct
CApartment complexes with stable rental histories
DVacant land in rural Utah
Explanation
The cost approach is most useful when comparable sales are scarce—such as for special-use properties (churches, schools) or new construction—because the cost of improvements is easier to estimate.
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