Which is of the following is NOT normally considered when conducting an appraisal using the cost approach?

Question

Quizplus · Accepted Answer

The cost approach is primarily concerned with determining the cost of rebuilding or replacing the property in question, and takes into account factors such as the property's replacement cost, physical deterioration, and functional obsolescence. However, it does not generally consider the capitalization rate, which is a factor typically used in the income approach to valuation. Effective age is also typically considered in the cost approach, as it relates to the property's condition and overall value.

Which Is of the Following Is NOT Normally Considered When