Property Valuation
Wisconsin's Milwaukee County uses which method to set property assessments?
ACost approach only for all properties
BA combination of cost, sales comparison, and income approaches as appropriate for each property type✓ Correct
COnly sales comparison for residential
DState-mandated flat assessment ratio for all counties
Explanation
Wisconsin assessors use the most appropriate valuation approach for each property type: sales comparison for residential, income approach for commercial income properties, and cost approach for special-use properties.
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