Assume the market value of the subject site (land only) is $120,000. You estimate that the cost
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Assume the market value of the subject site (land only) is $120,000. You estimate that the cost to replicate the improvements to the subject property would be $428,000 today. In addition, you estimate that accrued depreciation on the subject is $60,000. What is the indicated value of the subject using the cost approach?
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Construction cost of improvements L...View the full answer
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Related Book For 
Real Estate Principles A Value Approach
ISBN: 978-0077836368
5th edition
Authors: David C Ling, Wayne Archer
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