Question: 1. You have just finished completing your analysis using the cost approach and have determined that the reproduction cost of the subject property is $400,000,
1. You have just finished completing your analysis using the cost approach and have determined that the reproduction cost of the subject property is $400,000, the value of the site is $110,000 and accrued depreciation totals $80,000. What is the indicated value of this property?
2. A property has the following square footage: 1,112 main floor, 987 upper floor and 650 basement (50% finished). What is GLA for this home?
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