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Problems: 1. Given the following information, find the estimated market value for the subject property using the cost approach. A) tand value =$70,000;B ) The
Problems: 1. Given the following information, find the estimated market value for the subject property using the cost approach. A) tand value =$70,000;B ) The residence has 3,475 square feet of gross living area and the replacement cost is estimated to be $120 per square foot; C) The home has an attached garage which has 720 square feet with an estimated replacement cost of $50 per square foot; D)The appraiser estimates that the residence has depreciated a total of 20% since being built ( 10 points)
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