Average Hourly Cost: The average hourly cost for a real estate appraiser using the cost approach appraisal method is approximately $200 per hour. This rate may vary depending on the location, complexity of the job, and the type and quality of the accessory.
Cost Breakdown: The cost of a cost approach appraisal typically includes the appraiser's fee, the cost of any necessary reports or studies, and the cost of any other services such as photography or inspection. The cost of the appraisal can also be affected by the size of the property and the complexity of the job.
Factors Affecting Cost: The cost of a cost approach appraisal can be affected by several factors, including the type and quality of the accessory, the complexity of the job, and the location and service provider. Additionally, the size of the property and the number of comparable properties in the area can also affect the cost.