The building has a reproduction cost of $500,000, is 13 years old with an expected life of 50 years. It will cost $25,000 to cure curable issues. Using the modified economic age-life method, the accrued depreciation of the structure is $103,175.
The building being appraised has a current reproduction cost of $500,.pdf
1. The building being appraised has a current reproduction cost of $500,000, an effective age of 13
years, and a total economic life of 50 years. The cost to cure all curable items is estimated at
$25,000. Calculate the accrued depreciation of the structure using the modified economic age-
life method. $130,000$103,175$123,500 None of the above.
The building being appraised has a current reproduction cost of $500,000, an effective age of 13
years, and a total economic life of 50 years. The cost to cure all curable items is estimated at
$25,000. Calculate the accrued depreciation of the structure using the modified economic age-
life method. $130,000$103,175$123,500 None of the above.