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Improvements Overview 3 - SAMA

Improvements Overview summary This chapter contains the valuation procedures for determining the replacement cost new, physical deterioration, functional obsolescence, market adjustment factor, throughput adjustment factor, and assessed value for residential or commercial buildings or structures valued using the cost approach. SAMA's 2015 Cost Guide provides direction for the valuation of property by the cost approach; it does not have the force of law. Portions of this chapter are not available for viewing due to licensing with Marshall and Swift.

Improvements Overview 3.1 Summary This chapter contains the valuation procedures for determining the replacement cost new, physical deterioration, functional …

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