Property Valuation
The income approach to value is most appropriate for which Wyoming property type?
AA primary residence in Cheyenne
BA multi-unit apartment building in Casper✓ Correct
CVacant agricultural land
DA church or government building
Explanation
The income approach is most suitable for income-producing properties, such as apartment buildings, commercial properties, and rental homes, where the primary value driver is the income stream generated. It is less applicable to owner-occupied residences.
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