We Also Offer Valuations Using the Cost Approach
For the customers or circumstances that call for it, Datacomp also provides valuations using the cost based approach standardized by NADA. The cost approach is used to calculate the average depreciated retail value. At the customer’s request, we will calculate the book value and use it as the cost approach for a market-based appraisal. The advantage in having the cost approach done by someone who understands the home and home terminology allows for assurance of consistent value over time.