Divorce Dex.com: Sales Comparison Approach

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Definition Sales Comparison Approach - a set of procedures in which an appraiser derives a value comparing the subject property to similar properties sold recently.

Application in Divorce The sales comparison approach uses apples-and-apples comparisons; that is, by applying appropriate units of comparison and making adjustments to the sale prices of the comparables.

The sales comparison approach is a good way of arriving at a fair market value.

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