Reference no: EM131060394
The Cost Approach
Your friend owns an old Victorian home that is considered a historical site. He tells you that he just bought fire insurance that will cover loss to replace the home in case of a fire. He's not sure if the coverage limit will be enough, so he's asked your opinion about the situation. give your friend a recommendation as you tell him about the cost approach:
List the five basic steps in the cost approach.
Define the terms reproduction cost and replacement cost, and explain their use in appraisals.
Name four methods of estimating costs and explain when each is used.
List the direct and indirect costs that make up a building's total costs.
Name the important site, location, and design features that influence the construction costs of a building.
The Income Approach
Identify a property type that you think should be valued using the income approach.Discuss how you would use the income approach to appraise this property type:
List the six steps in the income approach to value.
Explain the use of gross income multipliers in the income approach.
Define the terms contract rent and market rent as used in appraisals.
Name the three main categories of expenses and give examples of items in each.
Outline the procedure used for reconstructing the owner's operating statement.
|
What are some plants that are considered invasive
: What are some plants that are considered invasive for that state? Find one example and describe it, including whether it is a bryophyte, seedless vascular plant, gymnosperm, or angiosperm.
|
|
Describe the process used in restoring the scrambled bits
: You will be required to restore the scrambled bits to their original order and copy the plain text in your assignment. Describe the process used in restoring the scrambled bits and insert plain text in the assignment
|
|
References regarding a project
: Write a three- to four-page paper not including the title page or references regarding a project, either real or fictitious, where one is able to discuss how risks were:IdentifiedRankedMonitored. The student is also welcome to write about a major ..
|
|
Advantages of international diversification
: Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response.
|
|
List the six steps in the income approach to value
: List the six steps in the income approach to value.
|
|
Australian labour migrations policies
: To what extent are Australian labour migrations policies mutually advantageous to the state and to foreign workers?
|
|
Hillaire belloc cautionary tales for children
: Hillaire Belloc's Cautionary Tales for Children (Links to an external site.) was published in 1907 and illustrated by Basil Blackwood. A newly released edition in 2002 features images by Edward Gorey.
|
|
Construct confidence interval for the proportion of months
: How many months had no days with 0.5 inches or more of precipitation? What proportion of months had no days with 0.5 inches or more of precipitation? Construct a 95% confidence interval for the proportion of months that had no days with 0.5 inches..
|
|
Sacrificing contribution margin
: Bills product manager continues to perform well in the market. However, a competing product is coming on strong and is looking to make over as the market share leader in the segment.
|