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replacement for) the existing structure, including an entrepreneurial incentive, deducting depreciation from the total cost, and adding the estimated land value. Adjustments may then be made to the ... Marketing costs, advertising expenses, leasing or brokers’ commissions,
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Understanding the Appraisal - Appraisal Institute
www.appraisalinstitute.orgreal property value. The most common type of appraisal assignment is the development of an opinion of market value. ... or tax issues. • To estimate the market value of a property in ... plus the value of the land (and entrepreneurial
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