Final answer:
The method for estimating reproduction or replacement cost that is most useful as a check on the other appraisal methods is the comparative method.
Step-by-step explanation:
The method for estimating reproduction or replacement cost that is most useful as a check on the other appraisal methods is the comparative method.
The comparative method involves comparing the cost of a property with similar properties in the same area. This method is useful because it provides a benchmark against which the other appraisal methods can be compared.
If the other methods produce significantly different results from the comparative method, it may indicate errors or inconsistencies in the appraisal process.
For example, if the cost approach estimates the reproduction or replacement cost of a property to be much higher than the comparative method, it may suggest that the cost approach overvalues the property or that there are errors in estimating the reproduction or replacement cost.