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Is anyone using the market extracted depreciation method for age adjustments on a residential appraisal?

April 26, 2017adjustments age appraisal appraisersforum.com depreciation market method Residential subjective

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Is anyone using the market extracted depreciation method for age adjustments on a residential appraisal?

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“Overkill” is understating the situation. For residential work paying very little per hour, most (good) appraisers are using some variation of the age-life method. It’s faster and will adequately substitute for the extraction method.