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An appraiser researched four comparable sales of office buildings that are about 25 years old. She found that the average amount of depreciation extracted from
An appraiser researched four comparable sales of office buildings that are about 25 years old. She found that the average amount of depreciation extracted from the sales was 43.5%. This amount includes
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Functional and external obsolescense only
Physical depreciation only
Functional obsolescence and physical depreciation only
All forms of depreciation that exist in that market
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