question archive Suppose that an appraiser has just completed her analysis using the cost approach to valuation
Suppose that an appraiser has just completed her analysis using the cost approach to valuation
Subject:FinancePrice:2.86 Bought10
Suppose that an appraiser has just completed her analysis using the cost approach to valuation. She has determined that the reproduction cost of the subject property is $269,000. If the added value of the site was $350,000 and accrued depreciation amounted to $100,000, what was the estimated value of the building using the cost approach?
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| Particulars | Amount |
| Reproduction cost of the subject property | $ 269,000 |
| Add:Added value of the site | $ 350,000 |
| Less:Depreciation | $ -100,000 |
| Estimated value of the building using the cost approach | $ 519,000 |
