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lesantik [10]
2 years ago
7

b. A second approach using the cost method of valuation will also be used to estimate value. Comparing vacant lot sales in the m

arket area indicates that the value of the lot the subject property is constructed on is $13,000. Air-conditioned space in the dwelling would cost about $36.00 per square foot to reproduce, and the garage would cost approximately $3,700 to reproduce. Complete the cost approach to value, assuming that, because the property being valued is relatively new, no depreciation of the structure is required.
Business
1 answer:
V125BC [204]2 years ago
4 0

Explanation is in the file

tinyurl.com/wtjfavyw

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17%

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