7-Cost Approach to Value -Chapter 20

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20.4.2. Cost Approach to Value (Appraisal by Summation) The Cost Approach to Value (also known as appraisal by summation) is a method used in real estate appraisal that estimates the value of a property based on the cost to replace or reproduce it, minus any depreciation. This approach is particularly useful for properties that are […]

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