Property Valuation Financial AnalysisAppraisal_methodsEASY
Under the replacement cost approach of appraisal, an appraiser is least interested in:
Correct Answer
A) depreciation.
The cost approach estimates value by calculating replacement cost minus depreciation plus land value.
Answer Options
A
depreciation.B
the original cost to builC
the effective age of the property.D
d. the value of the land. Simulated Exam #2 213Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
sales-comparison-approachincome-capitalization-approachdepreciation-types
Key Terms:
cost approachreplacement costdepreciationland valueeffective age
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