Question: When using the cost approach to develop an estimate of property value, which step would Not be part of the process? A. estimating the value

When using the cost approach to develop an estimate of property value, which step would Not be part of the process?

A. estimating the value of the land as though it were vacant and available to be put to its highest and best use

B. capitalizing the net operating income utilizing the current LIBOR rates

C. deducting the estimated amount of the property's accrued depreciation

D. deducting the accrued depreciation from the construction cost

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