Answer:
The ratio of land value to building value is used when estimating site value by the allocation method.
Explanation:
It is used for site and land valuation or appraisal. Allocation method is ideal when comparable are not given or known. When a new home is constructed on land area that has been recently bought or purchased, then Allocation method will be ideal . It is best suitable when given as percentage or proportion of the property’s total value that has been improved.
But when comparable improved sale is used , land or the building portion of the property should be determined first. For a newly built home , cost of improvements divided by the sales price of the home gives the percentage of improvements compared to purchase price of comparable.This method is not ideal for older homes.
To apply this method
- First identity a comparable site or comparable land with vacant home sales as well as vacant lot sales.
- Next, find out value of the land to total property values ratio.
- Then, apply the ratio to the property that is being appraised. This will determine the appropriate value of the land or site.
Answer
human beings are part of the environment. they are highly bonded to the environment. however there are many instances people harm environment and environment harm the people.
as an example human activities such as Deforestation, Overpopulation & Overconsumption, Plastic Production, Emission of Carbon Dioxide and Other Greenhouse Gases, Destruction of the Reefs, Production of Black Carbon affect harmfully to the environment
in return environment harmfully affect to people by natural disasters such as firestorms, duststorms, floods, hurricanes, tornadoes, volcanic eruptions, earthquakes, tsunamis, storms
The road that was built to serve the railroads was Cheyenne
Answer:
The book needed to be updated, revised, and edited multiple times.
Explanation: test