The cost approach is generally the easiest approach to complete.

Name: The cost approach is generally the easiest approach to complete.
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

The cost approach is not always the easiest approach to complete as it requires accurate estimation of the costs of construction, depreciation, and land value. Depending on the property type and market conditions, other approaches such as the sales comparison approach or income approach may be more appropriate and easier to complete.

The Cost Approach Is Generally the Easiest Approach to Complete