Respuesta :
The following equation can be used to calculate value using the cost technique. Land value plus property value (Cost New - Accumulated Depreciation).
The approach that appraisers use most frequently to calculate the cost of replication is the square footage method. Cost Approach: This method calculates the value of real estate by subtracting the depreciation from the cost of building a new structure on the property and adding site value. Market value might not match value determined. The most popular and straightforward depreciation approach is this one. Equipment that depreciates steadily over time is what it is most commonly used for. According to generally recognized accounting standards, the straight-line technique is the simplest and most often used methodology to compute depreciation.
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