Income Approach

Income Reading Income Approach 1 minute Next Income Statement

Definition:   A method for estimating the market value of a property as determined by the amount of income it will provide over its remaining economic life.

Pronunciation:   \ˈin-ˌkəm\ \ə-ˈprōch\

Used in a Sentence:   The appraiser used the income approach when estimating the value of the apartment building we were interested in buying.

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