The N.A.D.A. guide produces a depreciated replacement cost specific to the subject's model, size, year built, and manufacturer.
This is further explained below.
What does depreciated replacement cost?
Generally, According to RICS's Glossary, the term "depreciated substitute cost" refers to "the present cost of reproducing or replacing an asset minus deductions for physical degradation and other applicable types of obsolescence and optimization."
In conclusion, The NADA guide calculates a depreciated replacement cost that is unique to the model, size, the year it was constructed, and manufacturer of the item in question.
Read more about depreciated replacement cost
https://brainly.com/question/14363923
#SPJ1
