From: Larry C. 
Newsgroups: misc.consumers.house
Subject: Re: Wrong Square Feet Information while seeling:
Date: Sat, 01 Nov 2003 18:56:49 GMT

On Sat, 01 Nov 2003 13:37:37 -0500, Alan Beagley 
wrote:

>My broker told me that, although it is not the most common way of 
>determining the value of a property, replacement cost ($/sq.ft.) less 
>depreciation, then adjusted for various other environmental factors 
>(location, location, location), is *one* way of valuing a propery.
>
>-=-
>Alan


Alan, what you say may be very true since your broker makes subjective
adjustments to the formula.  This is different than what the OP stated.
I'm curious, what is the deprecriation factor for noncommercial property?
How does that formula allow for value of the land?

--Larry C.