Good thing the OP was about how people describe it instead of how does M&S handle it in their cost guides.
Do you have a chart in M&S that details how much depreciation to attribute to functional and external obsolescence, or is it all physical?![]()
Maybe I should have asked WTF would a client require a Cost Approach on a POS like that?Woops, I see you added a payola comment.
I cannot make a determination as to what you have, without knowing if there is, or is not, a partion in the 'basement' of the dwelling in the posted picture.