Cost Approach and Townhomes!!!!

[Carnivore]

Townhomes are not always a condo. They sure are not in my state. A CONDO IS A FORM OF OWNERSHIP< NOT AN ARCHETECTURAL STYLE. We have townhomes here that are also not in a PUD or have a HOA or any fees. I have seen several townhomes rebuilt here after burning down. Gee, I wonder how the builder figured out the cost?

I don't see why doing the cost approach for most any type residential property, with the exception of a co-op or a condo in a high rise would be a problem.

Hmm, well it might be if there are amenities, even more so if there is a leashold on those amenities. I think a cost approach can become very complex on what appeared intially to be a simple residential property assignment.