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Can I appeal the value of my property solely on economic evidence, using the income approach to value, or is it the rule that comparable sales must be used?

April 26, 2017appeal approach comparable Economic income Property rule value

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Can I appeal the value of my property solely on economic evidence, using the income approach to value, or is it the rule that comparable sales must be used?

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Any relevant evidence may be admitted if it is a customary method in which a property is appraised. You may use the income approach or the replacement cost approach if they are considered the most appropriate method of valuation for your property.