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First published in 1932, the flagship Marshall Swift Valuation Service cost manual by CoreLogic is a complete and authoritative appraisal guide for developing replacement costs and depreciated values of commercial structures.
Marshall Swift SwiftEstimator by CoreLogic is a powerful online suite of property appraisal applications that delivers real time cost data for all of your appraisal needs. SwiftEstimator gives you 24/7 access to create fast, reliable valuations for any residential or commercial property.
The cost approach can be used to appraise all types of improved property. It is the most reliable approach for valuing unique properties. The cost approach provides a value indication that is the sum of the estimated land value, plus the depreciated cost of the building and other improvements.
The cost approach is a real estate valuation method that estimates the price a buyer should pay for a piece of property is equal the cost to build an equivalent building. In the cost approach, the propertys value is equal to the cost of land, plus total costs of construction, less depreciation.
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Square Foot Methodology: The most commonly used calculator/assumptive valuation method based on the gross square footage of dwellings by location. Segregated Methodology: Used component-by-component costs of superstructures such as foundation, frame, plumbing, electrical, etc.
Cost Approach The cost (or asset-based) approach derives value from the combined fair market value (FMV) of the businesss net assets. This technique usually produces a control level value, meaning the value to an owner with the power to sell or liquidate the companys assets.
The Cost Approach, which is the theory that the value of a property can be estimated by summing the land value and the depreciated value of improvements, has always served as a crucial quality control function to verify market-based estimates and help identify a potential runaway or rapidly declining market.

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