Definition
Direct answer
Cost approach and depreciation is one of the core study areas for Certified General Appraiser Practice Test. On the Certified General Appraiser Practice Test, treat Cost approach and depreciation as a concept to understand, not an answer letter to memorize. Review how it affects safety, code interpretation, jobsite decisions, or timed problem solving, then answer a short practice set tied to Commercial and residential market analysis, Income capitalization and expense analysis, Sales comparison and land valuation.
How to use this answer
Read the answer once, then prove it by choosing an answer in a practice question before looking at the explanation. If the miss repeats, tag the domain as Study module and drill a smaller set before returning to mixed practice.