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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