Property Valuation
Accrued depreciation in a Wisconsin appraisal refers to:
ADepreciation scheduled for the future
BThe total loss in value from all causes as of the date of the appraisal✓ Correct
CAnnual straight-line depreciation for tax purposes
DDepreciation only from physical deterioration
Explanation
Accrued depreciation is the total loss in value from all causes (physical deterioration, functional obsolescence, external obsolescence) that has occurred from the date of construction to the effective date of the appraisal.
Related Wisconsin Property Valuation Questions
- A Wisconsin appraiser notes that a property is a 'super-adequate' improvement — a very large, luxurious home in a neighborhood of modest homes. This represents:
- In Wisconsin, the cost approach to valuation is MOST useful for:
- In Wisconsin, the 'sales ratio' study compares:
- In Wisconsin, an 'as-is' appraisal reflects the value of the property:
- The principle of conformity in Wisconsin real estate states that:
- A Wisconsin appraiser uses the income approach for a retail strip mall. The appropriate method within the income approach for a stabilized property is:
- Functional obsolescence in a Wisconsin property refers to:
- Wisconsin's Lake Geneva resort real estate market is characterized by:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →