Building Cost Evaluations
Hot Springs Appraisals understands the need for accurate cost reproduction and replacement cost reporting. The professional appraiser utilizes Marshall & Swift Residential Cost Guides, the most recognized name in the appraisal industry to estimate the building costs of all major componants of the subject home. All features and amenities are also listed and summarized. Factors for state and city building costs are added for the most accurate local price per square foot reporting.
It is this building cost information that is utilized in the Cost Approach to Value, one of the three approaches to value used in residential real estate appraising.
All of our building cost evaluations are thoroughly reviewed for accuracy prior to shipment and we take pride in providing quality work and service.
We look forward to the opportunity to serve those having a need for building cost evaluation services.