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QUESTION

This Reproduction Cost New (RCN) question is based on the following information using the cost approach to value: What is important here?

 
Site Value
The site value is without any improvements on it.
Reproduction Cost New (RCN)
The RCN is the book value of the structure.
Effective Age 15years, remaining economic life 25 years
Accrued Depreciation      
  Curable    
  RCN   C to C
  $750   $1000
 
  Incurable Physical Deterioration Short-Lived
  RCN   Depreciation
  $12,500   $4,500
 
  Incurable Physical Deterioration Long-Lived
  _______________?______________________
  Total Physical Depreciation (from all sources)
  _______________?______________________
  Market Value ____?____________________

From the information provided, what is the value of the incurable physical deterioration long-lived, the value of the total depreciation from all sources, and the market value ?

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