Cost Approach Analysis – Ronald Williams, Real Estate Professional & Valuation Specialist

Cost Approach Add-On (Used with CMA)

This Cost Approach is provided as an additional valuation method to complement the CMA. It does not replace market-based conclusions.

Subject Property Address

Unit #

City

State

Zip Code

Replacement Cost Estimation

Gross Living Area (GLA)

Auto-carried from CMA.

Cost per Sq. Ft. ($)

Base Replacement Cost

Additional Structures Cost

Garage

Porch / Deck

Basement

Outbuildings

Total Replacement Cost (New)

Depreciation Estimate

Effective Age

Economic Life

Depreciation %

Depreciation Adj. ($)

Depreciated Replacement Cost

Land Value

Estimated Land Value ($)

Source of Land Value

Final Value Reconciliation

Final Cost Approach Value

CMA Value (for reference)

Commentary / Narrative

Disclaimer: The Cost Approach is primarily used for insurance, underwriting, or new construction analysis. It may not reflect current market value.