Discover how the market approach values assets using recent sales of comparable items, providing a reliable appraisal method for various asset types.

According to the International Valuation Standards (IVS) cost approach is based on the assumption that the cost of a property should be equal to the cost of building a new similar property. It assumes ...

According to the International Valuation Standards (IVS), the income approach provides a reliable method for valuing assets by converting anticipated future cash flows into a present value. This ...

Cost approach values property by summing land value and costs to rebuild, minus depreciation. Key to cost approach: find land value, calculate new construction costs, assess depreciation. Cost ...