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You are appraising a five-year-old, single-family residence. The total square footage of the livable area is 2,700. The garage is 500 square feet. According to
You are appraising a five-year-old, single-family residence. The total square footage of the livable area is 2,700. The garage is 500 square feet. According to figures obtained from a cost-estimating service, the base construction cost per square foot of livable area is $125 and $80 per square foot for the garage. The lot is valued at $98,000. What is the reproduction cost of the new structure?
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