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1. Using the cost approach, find the value of an historic home in the National Register: Reproduction Cost: $555,000 Accrued Economic Depreciation: $185,000 Replacement Cost:

1. Using the cost approach, find the value of an historic home in the National Register:

Reproduction Cost: $555,000 Accrued Economic Depreciation: $185,000

Replacement Cost: $230,000 Value of the Land (unimproved): $125,000

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