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(Solution Download) What is the estimated market value of the property using the cost approach, assuming no external or...

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Reproduction cost has been estimated as $350,000 for a property with a 70-year economic life. The current effective age of the property is 15 years. The value of the land is estimated to be $55,000. What is the estimated market value of the property using the cost approach, assuming no external or functional obsolescence?

 







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This question was answered on: Oct 24, 2017

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