Exam (elaborations)
Certified Appraisal Exam Review || with Complete Solutions.
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Steps. 1. Determine Cost New Main house 2400 SF x 85/SF =204,000 Garage 440 x 18/SF = 7920 ====================================== 204,000 + 92 = 211,920 2. Determine Depreciation Cost Sale Price 240,000 - Land Value 50,000 - Improvements 25,000 ======================== 165,000 3. D...
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