Common use of Cost Approach Clause in Contracts

Cost Approach. The cost approach to value will be considered for all taxable improved property. Replacement costs for residential and agricultural improvements will be calculated per Volume II of the Wisconsin Property Assessment Manual or similar cost manual. Replacement costs for commercial improvements will be calculated using ▇▇▇▇▇▇▇▇ & Swift valuation service or similar cost manual. All accrued depreciation, including physical deterioration, functional obsolescence, and economic obsolescence will be accurately documented and deducted from current replacement costs.

Cost Approach. The cost approach to value will be considered for all taxable improved property. Replacement costs for residential and agricultural improvements will be calculated per Volume II of the Wisconsin Property Assessment Manual or similar cost manualManual. Replacement costs for commercial improvements will be calculated using ▇▇▇▇▇▇▇▇ & Swift valuation service or similar cost manualservice. All accrued depreciation, including physical deterioration, functional obsolescence, and economic obsolescence will be accurately documented and deducted from current replacement costs.

Cost Approach. The cost approach to value will be considered for all taxable improved property. Replacement costs for residential and agricultural improvements will be calculated per Volume II of the Wisconsin Property Assessment Manual or similar cost manualManual. Replacement costs for commercial improvements will be calculated using ▇▇▇▇▇▇▇▇ & Swift valuation service or similar cost manualvaluation service. All accrued depreciation, including physical deterioration, functional obsolescence, and economic obsolescence will be accurately documented and deducted from current replacement costs.