Stephen J. Vertin MAI
Senior Member
- Joined
- Jan 17, 2002
- Professional Status
- Certified General Appraiser
- State
- Illinois
I need help. I am working on a court case. My question involves the cost approach. I have actual cost to construct the subject as estimated by the builder. The builder has no relation to the owner any longer. He has already been paid. Therefore, motivations to lie are minimal. Furthermore, I have another area developer who concurred with the original builder. Finally, I have actual cost to build a similar home in a near-by city. All are saying about the same. I would like to further support cost via Marshall's but I only have the commercial book. Does anyone have a recent (within the last 6 months) residential cost estimator? If so, please post a ball park cost (per square foot). I would prefer a range.
The subject is a high quality, brick constructed, cider shingled, Tudor, mansion, in Green Bay, Wisconsin. The house has 14,672 square feet with about 60 angles. This place is top of the line and its build-out could only be described as exceptional. Tell me what Marshall's says. I will tell you what the market is indicating. It might be fun to see how close Marshall's comes. If you are shy and do not want to post call my 1-800 number which is 536-6963. I appreciate it.
Steve Vertin
The subject is a high quality, brick constructed, cider shingled, Tudor, mansion, in Green Bay, Wisconsin. The house has 14,672 square feet with about 60 angles. This place is top of the line and its build-out could only be described as exceptional. Tell me what Marshall's says. I will tell you what the market is indicating. It might be fun to see how close Marshall's comes. If you are shy and do not want to post call my 1-800 number which is 536-6963. I appreciate it.
Steve Vertin