The three traditional methods of estimating costs include all of these EXCEPT
________________.
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Quality Survey Method
,What type of land is not needed to serve the existing improvement, and is capable of a
separate highest and best use?
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Excess
Which two terms are very similar?
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Lot & Parcel
Form 1003.1 is a _______________ form.
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Marshall Valuation Service
Geographic Information Systems (GIS) Mapping
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, A computerized mapping system for encoding, retrieving, analyzing, &
presenting geographic or spatial data.
The contract cost for constructing a building in June 2002 was $824,900. The index for
June 2002 was 132.5 and the current index is 190.8. What would be the current cost to
construct the building using the cost indexing method?
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$1,187,856
Lot
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1) A distinct piece of land; a piece of land that forms a part of a district,
community, city block, etc.
2) A smaller portion into which a city block or subdivision is divided;
described by reference to a recorded plat or by definite boundaries; a piece
of land in one ownership whether platted or unplatted.
Riparian right
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, under the common law doctrine of riparian ownership of waters that wash
land
Which is not a private restriction?
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Building code
Land adjustments are made on a ______________________.
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Quantitative basis or Qualitative basis
External Obsolescence May be estimated in 3 ways:
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1) Analysis of market data
2) Allocation of market-extracted depreciation
3) Capitalization of income loss
Cost Estimating Methods:
________________.
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Quality Survey Method
,What type of land is not needed to serve the existing improvement, and is capable of a
separate highest and best use?
Give this one a try later!
Excess
Which two terms are very similar?
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Lot & Parcel
Form 1003.1 is a _______________ form.
Give this one a try later!
Marshall Valuation Service
Geographic Information Systems (GIS) Mapping
Give this one a try later!
, A computerized mapping system for encoding, retrieving, analyzing, &
presenting geographic or spatial data.
The contract cost for constructing a building in June 2002 was $824,900. The index for
June 2002 was 132.5 and the current index is 190.8. What would be the current cost to
construct the building using the cost indexing method?
Give this one a try later!
$1,187,856
Lot
Give this one a try later!
1) A distinct piece of land; a piece of land that forms a part of a district,
community, city block, etc.
2) A smaller portion into which a city block or subdivision is divided;
described by reference to a recorded plat or by definite boundaries; a piece
of land in one ownership whether platted or unplatted.
Riparian right
Give this one a try later!
, under the common law doctrine of riparian ownership of waters that wash
land
Which is not a private restriction?
Give this one a try later!
Building code
Land adjustments are made on a ______________________.
Give this one a try later!
Quantitative basis or Qualitative basis
External Obsolescence May be estimated in 3 ways:
Give this one a try later!
1) Analysis of market data
2) Allocation of market-extracted depreciation
3) Capitalization of income loss
Cost Estimating Methods:
