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Assume Purchase price of the land Real estate commission (%) of the purchase price Demolition of old building on site Sale of scrap from old

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Assume Purchase price of the land Real estate commission (%) of the purchase price Demolition of old building on site Sale of scrap from old building Construction cost of the new building Land survey costs Back taxes Architect fees The initial value of the land is: 87428.00 8.50 8342.77 2077.35 521423.00 5507.96 9966.79 64135.03

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