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Updated about 2 years ago,
Appraising side-by-side 4-plexes (income or comp approach?)
I want to put in an offer on two separate 4-plex buildings that are adjacent to each and owned by the same person, but on separate parcels.
Will the appraiser value it on the income approach or the comp-based approach?
I want the income approach, because that will be much higher in my area!