Using the Cost Approach to property appraisal, determine the final appraised value of a building...
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Using the Cost Approach to property appraisal, determine the final appraised value of a building and the land the building is on based upon the following Land Value 56 million Building Cost (psf) - 5250: Total area (pt) - S100,000 Developer's profit - 5800,000 Economic obsolescence - 51.5 million, Functional obsolescence - S3 million Locational obsolescence - $2 million; Curable depreciation - 51 million; Effective age - 20 years, Economic Age - 50 years O a510.340.000 5.514,380,000 OC 513,980,000 d.$16.380,000 Ce $8,380,000 Using the Cost Approach to property appraisal, determine the final appraised value of a building and the land the building is on based upon the following Land Value 56 million Building Cost (psf) - 5250: Total area (pt) - S100,000 Developer's profit - 5800,000 Economic obsolescence - 51.5 million, Functional obsolescence - S3 million Locational obsolescence - $2 million; Curable depreciation - 51 million; Effective age - 20 years, Economic Age - 50 years O a510.340.000 5.514,380,000 OC 513,980,000 d.$16.380,000 Ce $8,380,000
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