Question: when using the replacement cost approach to estimate the value of a home that is three years old, the appraiser should do which of the
when using the replacement cost approach to estimate the value of a home that is three years old, the appraiser should do which of the following?
A Capitalize the net income
B Determine replacement cost and then deduct for depreciation
C Adjust for inflation that has occurred since the sale of any comparable properties
D Estimate the cost on the basis of current prices of reproducing a replica home with the same or closely similar materials
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