Correct question: An appraiser used various cost manuals and regional multipliers, as well as her own experience, to determine that it would cost $72 per square foot to replace
the subject property. At 1,775 square feet, she determines it would cost $127,800 to rebuild the house. To find the value of the subject property, she must also
factor in
A. depreciation and land value.
B. depreciation and inflation.
C. inflation and labor costs.
D. labor costs and land value
Answer:
A, depreciation and land value.
Step-by-step explanation:
When an appraiser tries to determine the cost of a property, the depreciation and value of the land is taken into consideration alongside any other expenses.
This is because no property buyer/ informed property buyer will settle for a property with high depreciation value and on a land has little to no value of appreciation overtime.
i hope this helps.