You get the cost approach & sales comparison approach in every appraisal. (biggerpockets.com)
After adding and subtracting value to the comps, the appraiser uses expert valuation knowledge to arrive at a final «indicated value by sales comparison approach,» or VA appraisal value. (veteransunited.com)
Finally, the sales comparison approach doesn't account for vacancy and collection loss, or unusual costs for repairs and other expenses. (valuepenguin.com)