COST_APPROACH_DETAIL

Description
Information about the type of estimated costs and other facts about the replacement or reproduction analysis.

Type : COST_APPROACH_DETAIL

Definition
Information about the type of estimated costs and other facts about the replacement or reproduction analysis.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Elements
CostAnalysisCommentDescriptionA free-form text field used to further describe the application of the Cost Approach valuation method to the subject property.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
CostAnalysisTypeSpecifies the type cost analysis performed. (e.g. whether it was for Replacement Costs or Reproduction Costs)Specifies the type cost analysis performed. (e.g. whether it was for Replacement Costs or Reproduction Costs)
CostAnalysisTypeOtherDescriptionA free-form text field used to capture additional information when Other is selected for Cost Analysis Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
CostServiceQualityRatingDescriptionSpecifies the quality rating of the itemized building cost information provided by the cost estimating service.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
EstimatedRemainingEconomicLifeYearsCountSpecifies the estimated remaining economic life of property improvements. This value is used in calculating the depreciation of the property improvements.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation. EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2".
EXTENSION
ManufacturedHomeInstallationCostAmountThe dollar value of the costs allocated for installation and setup for a new Manufactured Home.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
NewImprovementCostLocalizedAmountThe dollar value of the total costs to reproduce new the improvements on the subject property after the New Improvement Cost Multiplier Factor has been applied.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
NewImprovementCostMultiplierPercentSpecifies the cost multiplier used to adjust the New Improvement Building Costs to a particular local or region. A data type of Percent SHOULD identify a number value that is in the subset of real numbers expressible by decimal numerals and represents a value that is scaled upward by 100 so that 1/100 is represented by 1. It MAY contain a single decimal point as punctuation. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated.) It SHOULD be able to contain at least 18 digits. EXAMPLE: A Tax Rate Percent for a rate of .055 be expressed as "5.5".
NewImprovementDepreciatedCostAmountSpecifies the reproduction costs of the improvements after depreciation has been taken into account. A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
NewImprovementTotalCostAmountThe dollar value of the total costs to reproduce new the improvements on the subject property. A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
SiteEstimatedValueAmountThe dollar value estimated for the property site (e.g. land that is improved so that it is ready to be used for a specific purpose.)A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
SiteEstimatedValueCommentDescriptionA free-form text field used to further describe the estimated value provided in Site Estimated Value Amount.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
SiteOtherImprovementsAsIsAmountThe dollar value contributed by other "as is" improvements located on the subject property site.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
ValueIndicatedByCostApproachAmountThe dollar value of the subject property indicated by the Cost Approach method of property valuation.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".

Attributes
label

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\SERVICES\SERVICE\VALUATION\VALUATION_RESPONSE\VALUATION_REPORT\APPROACH_TO_VALUE\COST_APPROACH