Assume that an appraiser has just completed her analysis using the cost approach to valuation. She has
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Assume that an appraiser has just completed her analysis using the cost approach to valuation. She has concluded that the reproduction cost of the subject property is $414,500. If the added value of the site was $52.700 and the functional obsolescence amounted to $12,856, what was the estimated value of the building using the cost approach?
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025372
4th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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