Estimate real property value using the sales comparison approach, cost-depreciation approach, or the income capitalization approach.
Remarks
Example: Use the cost-depreciation approach to estimate the real property value of a given home at current builders' market cost per square foot.General Information
Subject Area: X-Mathematics (former standards - 2008)
Grade: 912
Body of Knowledge: Financial Literacy
Idea: Level 2: Basic Application of Skills & Concepts
Standard: Loans and Financing - Become familiar with and describe the advantages and disadvantages of short-term purchases, long-term purchases, and mortgages.
Date Adopted or Revised: 09/07
Content Complexity Rating:
Level 2: Basic Application of Skills & Concepts
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More Information
Date of Last Rating: 06/07
Status: State Board Approved - Archived
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