1. Solve the following problems. a. If office space similar to that being appraised has...
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1. Solve the following problems.
a. If office space similar to that being appraised has a typical construction cost of $68.50, and the regional multiplier for the area is 1.12, what is the estimated construction cost of office space of 25,000 square feet?
a. $1,981,000
b. $1,712,500
c. $1,932,000
d. $1,529,018
b. The Carson residence cost $42,350 to construct in 1976. A cost index published at that time was 138. The current cost index from the same cost reporting service is 414. What is the current reproduction cost of the Carson residence?
a. $127,050
b. $1,397,550
c. $126,750
d. $116,886
c. The N 1/2 of the N 1/2 of Section 16 contains
a. 20 acres
b. 40 acres
c. 80 acres
d. 160 acres
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