Homework Answers
Replacement cost = Original cost × (1 + Price increase)
Replacement cost = $6,000 × (1 + 0.03)
Replacement cost = $6,180
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please solve You are using the cost approach (replacement) to value a property. A new home...
please solve
You are using the cost approach (replacement) to value a property. A new home similar to the property your appraising sells for $450,000. You have been given a table to help in making the final adjustments to your valuation. After your inspection of the property, you are appraising you have discovered that there is 1100 sq.ft carpet with no useful life. The furnace is 10 years old. The roof is 2400 sq.ft. and was replaced 6 years ago....
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please solve
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