Question

In: Finance

Cost Approach is NOT applicable in which case?

Cost Approach is NOT applicable in which case?

Select one:

A. Old properties.

B. New construction.

C. Unique property (church or landmark)

D. Insurable value appraisal

Solutions

Expert Solution

A. Old properties.

This is because there is a big difference between the cost of building a home today versus 30 or 40 years ago.


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