Property Valuation
When appraising a ski resort property near Park City, Utah, the appraiser should give the most weight to:
AThe cost approach only
BComparable sales of similar resort and vacation properties in comparable ski markets✓ Correct
CThe income approach using national averages
DThe assessed value per Utah county records
Explanation
For unique resort and vacation properties near Utah ski areas, the appraiser should rely heavily on comparable sales of similar vacation/ski properties. National averages or cost approach alone would not capture the unique market dynamics of Park City and Utah ski communities.
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