ValuationDepreciationMEDIUM
Valuation method estimates current construction cost, deducts depreciation, adds land value. Used for unique properties when comparables unavailable. This is:
Correct Answer
A) Replacement Cost Approach
Answer Options
A
Replacement Cost ApproachB
Reproduction Cost ApproachC
Market Data ApproachD
Income ApproachVideo Explanation3 min
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More Valuation Questions
Example of economic obsolescence in real estate?
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