Cost Approach Real Estate | Real Estate Exam Prep Videos

In this real estate exam prep video, I will discuss the Cost Approach to Value – a type of appraisal that is used by appraisers to determine value of a property using the replacement cost, depreciation and land value to arrive at an appraised value. The cost approach is 1 of 3 types of appraisals with the others being the Sales Comparison Approach (a.k.a. Market Data Approach) and the Income Approach.

Key real estate terms discussed in this video are:

Appraisals –
Cost Approach to Value –
Depreciation –
Sales Comparison Approach to Value –
Income Approach to Value –

Best of luck with your studies…

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New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.

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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

Cheers,
Paul Vojchehoske