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Real Estate Glossary

Cost Approach Improvement Value

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Written by Luis Escobar

This is the measurment that determines an asset’s value by taking the current cost to construct a replication or a substitution of an existing structure, subtracting an estimate for accumulated depreciation, and adding the land’s value.

This is the measurment that determines an asset’s value by taking the current cost to construct a replication or a substitution of an existing structure, subtracting an estimate for accumulated depreciation, and adding the land’s value.

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Luis Escobar

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