Cost approach values property by summing land value and costs to rebuild, minus depreciation. Key to cost approach: find land value, calculate new construction costs, assess depreciation. Cost ...

Point of Interest: The Indiana Board of Tax Review assigns a value based on the cost approach in the Assessor’s appraisal, upon concluding the appraisal’s sales and income approaches were not reliable ...

Forbes contributors publish independent expert analyses and insights. Author, professor and founder. Deeply curious about leadership. From the outside it may seem like a simple choice, but pricing is ...

Discover how the market approach values assets using recent sales of comparable items, providing a reliable appraisal method for various asset types.

“The ‘cost-based approach’ minimizes the risk of mixing the value of a technology with the value of a standard as such. Instead, it uses market forces to calculate a rate based on continued investment ...