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Calculate the appraised property value using the cost approach only: Market value of vacant land = $2,000,000 Cost of replacing building & site improvements =
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Calculate the appraised property value using the cost approach only:
Market value of vacant land = $2,000,000 Cost of replacing building & site improvements = $8,350,000 Physical deterioration = $1,250,000 Functional obsolescence = $750,000 External obsolescence = $125,000
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Urban Infrastructure Finance And Management
Authors: K. Wellman, Marcus Spiller
1st Edition
0470672188, 978-0470672181
