What is the indicated value of the subject using the cost

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Question: Assume the market value of the subject site (land only) is $120,000. You estimate that the cost to replace (replicate) the improvements to the subject property would be $428,000 today. In addition, you estimate that accrued depreciation on the subject is $60,000. What is the indicated value of the subject using the cost approach?

Reference no: EM133497304

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