Depreclated-Cost Analysis Method Instructions: Use this handout to calculate a depreciated-cost adjustment, according to the information provided. Subject Property 8-room home Double garage: 20 x 22 ft. (440 sq. ft.) 29 years old, 100 years expected total economic life Replacement cost new: $33.50/sq. ft. Comparable Property Very similar to subject No garage $245,000 sales price Calculate the amount to adjust the comparable's sale price: 1. Identify the property feature to be adjusted 2. Estimate the cost of the feature new Total Replacement Cost New 3. Estimate depreciation of the feature Depreciation Rate Depreciation Cost of Feature 4. Calculate the adjustment amount Total Adjustment Amount 5. Adjust the sales price of the comparable Adjusted Sales Price Depreclated-Cost Analysis Method Instructions: Use this handout to calculate a depreciated-cost adjustment, according to the information provided. Subject Property 8-room home Double garage: 20 x 22 ft. (440 sq. ft.) 29 years old, 100 years expected total economic life Replacement cost new: $33.50/sq. ft. Comparable Property Very similar to subject No garage $245,000 sales price Calculate the amount to adjust the comparable's sale price: 1. Identify the property feature to be adjusted 2. Estimate the cost of the feature new Total Replacement Cost New 3. Estimate depreciation of the feature Depreciation Rate Depreciation Cost of Feature 4. Calculate the adjustment amount Total Adjustment Amount 5. Adjust the sales price of the comparable Adjusted Sales Price