An owner installed a swimming pool at a cost of $45,000. Paired sales indicate pools add $18,000 in this market. What functional obsolescence does the pool represent?

In a cost approach for a proposed building, the appropriate cost basis is generally:

A warehouse cost $210,000 to build when the cost index stood at 105. The index is now 210. Its indicated current cost is:

The age-life method expresses depreciation as:

Market extraction of depreciation is limited by the fact that it:

Functional obsolescence caused by a deficiency is measured as curable when:

Curable physical deterioration is measured at cost to cure because:

A 2,050 sq ft dwelling is priced at $178 per square foot with a $34,000 detached garage and $21,500 of site improvements. Cost new is:

A house has three bedrooms sharing one bathroom, and adding a second bath is economically justified. This is:

Direct costs in a construction budget include:

An appraiser writes that a 40-year-old house has an effective age of 10 but describes original wiring, original kitchen and a 25-year-old roof. The report's problem is: