Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]
The Robert Weiler Company
MARCH 15, 2021
Cost approach : This practice compares the special purpose property appraisal value to the cost of constructing a replica structure, while also including depreciation. Sold by the Boston Archdiocese to Franklin Grove LLC for $3 million in 2015, one wonders if, despite the current vacancy, the building has increased in value.
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