The cost approach would be least reliable for which of these properties?
A)Renovated historic home
B)Apartment building
C)County court house
D)New high school
The cost approach is most reliable for properties that were built recently, so it is unreliable for properties that have been built earlier,
A)Renovated historic home
The cost approach would be least reliable for which of these properties? A)Renovated historic home B)Apartment...
Which would likely require a cost development using reproduction cost? Condominium Historic landmark Manufactured dwelling Modern retail building
Answer All the questions please!
21. Which of the following is a variance? a. zoning ordinance on b. a co a reversion of ing certain activities d. a nullification of an easement c. 22. Perry in the business buying large tracts land and then reselling them to consumers in small tracts. y is a: a. deve b. real estate broker engineer d. subdivider C. house in the backyard. 23. A buyer moved into a subdivision and immediately constructed Subdivision regulations...
A family currently live in an apartment whose monthly rent is $950. They are thinking of buying a house which would cost $220,000. They plan to live in this house for 5 years and sell it at the end of the 5th year. They would put a downpayment of $20,000 and finance the balance through a mortgage at 3.5% interest rate. The mortgage is to be repaid in 5 annual installments (which include both principal and interest) at the end...
Scenario B: Capital Assets Acquired Under Lease Agreements Tangerine County needs a new county court house but does not have current funding available. Accordingly, the county entered into a lease agreement with Surf City Builders whereby the Builders would construct a new court house and lease it to the county for 30 years. The fair market value of the building is $15 million. Using a 6% interest rate, the county has agreed to make an initial payment of $1,028,050 and...
Scenario B: Capital Assets Acquired Under Lease Agreements Tangerine County needs a new county court house but does not have current funding available. Accordingly, the county entered into a lease agreement with Surf City Builders whereby the Builders would construct a new court house and lease it to the county for 30 years. The fair market value of the building is $15 million. Using a 6% interest rate, the county has agreed to make an initial payment of $1,028,050 and...
Scenario B: Capital Assets Acquired Under Lease Agreements Tangerine County needs a new county court house but does not have current funding available. Accordingly, the county entered into a lease agreement with Surf City Builders whereby the Builders would construct a new court house and lease it to the county for 30 years. The fair market value of the building is $15 million. Using a 6% interest rate, the county has agreed to make an initial payment of $1,028,050 and...
Which of the following sources would be most likely to have reliable data? A. New England Journal of Medicine B. TMZ C. Fox news D. Wikipedia
EXAMPLE 23 The Cost Approach A 12-year-old industrial property is being valued using the cost approach. The appraiser feels that it has an effective age of 15 years based on its current condition. For example, there are cracks in the foundation that are not feasible to repair incurable physical depreciation). That is, it would cost more to try to repair these problems than the value that would be created in the property. The appraiser believes that it has a 60-year...
Which of the following sources would likely be the most reliable? A. a blog post B. an article from an academic journal C. an op-ed piece from a newspaper D. a Wikipedia page
please select the correct answers for both questions
You are conducting an appraisal for a house located in North Kingstown. The house has the following attributes: lot size 24,100 sq. ft.,: floor area 2375 sq.ft.; 4 bedrooms, 2 baths; 2 car garage; appliances are original: year of construction 2016. In making this appraisal you plan to use a recent sale of a house that has the following attributes: Lot size 23,290sq. ft.; floor area above the basement 2435 sq.ft; 3...