Use the cost approach to value a SFR home based on the following characteristics and Data... The house is located on a 10,000 SFT lot and three nearby lot sales are as follows: 1) $96,000 for 1,200 square feet and $72,000 for 9,000 square feet The House has 2800 of AGLA sf , 1,500 sft of finished basement and 1,300 sft of unfinished basement and 600 sqft of garage. Replacement cost new values from Marshall and Swift are: $110 (AGLA); $80 (Finished basement); $40 (unfinished basement and garage space) The House is 15 years old with an expected life span of 60 years The property also contains a brand new storage shed valued at $5000 and brand new swimming pool valued at $30,000 Answer the following Questions and Show your work (formulas and data) to get full/partial points):

A) What is the lot value?

B) What is the replacement cost new value of the home?

C) How much is the home depreciated in both % and $?

C) What is the depreciated structural replacement value of the home?

D) What are the additional improvement values?

E) What is the final market value of the home based on the cost approach