Question: The total cost to construct an improvement was equal to 668,175. The amount of building depreciation is equal to $240,543 if the indicated value of

The total cost to construct an improvement was equal to 668,175. The amount of building depreciation is equal to $240,543 if the indicated value of the property by the cost approach is 607632 what is the value attributed to the land?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

In the cost approach the value of a property is determined by considering the value of the l... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!