ocr: Land Valuation: Size 60' X 135' @S450 per front foot p27,000 Plus site improvements: drveway, walks, landscaping, atc. 8,000 Total Land Valuation $35,000 Bullding Valuation: Replacement Cost 1,500 5q. ft. @ $65 per sq. ft.= $97,500 Less Depreciation: Physical depreciation, curable (iterns of deferred mauntenance) exterior painting $4,000 incurable (structural deterioration) 9,750 Functional Dosolescence 2,000 Extemal oosolescence -0- Total Dapreciation -15,750 Deprecialed Value of Building 81,750 Indicated Valua by Cost Annmach 51#6.750
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