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In evaluating her options with respect to The Westerly, Mirabel ordered a market value appraisal of the property and shared some of the information with CC. CC has several questions regarding the appraisal which determined the value of the property based on several different valuation methodologies. She said that under something called the "cost approach", the appraiser has estimated something called
"Replacement Cost New" to be $366,378.29, something called "Depreciation" to be $188,122,352.84, and land value to be $57,937,877.08.

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