What type of residences can I value with Residential Estimator 7?
With thousands of square-foot and component costs for basic single-family site-built homes, low-rise multi-family apartment buildings, manufactured housing, old residences, town homes, duplexes and urban row houses.
What kind of information do I get with the quarterly updates?
With each update, you'll receive indexes to make historical costs current and geographic multipliers to localize your costs throughout the U.S., U.S. Territories and most major Canadian cities.
How do I know where to enter information?
The easy-to-understand screen prompts take you through the data collection process, step by step. Basic descriptions and graphic illustrations for each residence type assist in determining residence type and quality.
What are some other features of Residential Estimator 7?
This desktop software lets you interpolate costs automatically between quality levels; enter an unlimited number of occupancies, classes, ranks and story heights per section; trend costs to different dates; save an unlimited number of estimates with the relational database capability; switch between the Assessor and General Appraiser versions; and process multiple estimates at once.
Does the program complete Form 1007?
Yes, Residential Estimator 7 automatically performs all calculations and populates Form 1007 for professional cost approach appraisals.
Does the program depreciate components?
Yes, users can select separate quality levels for components such as roofing, floor coverings, plumbing and appliances, and depreciate individual components separately using the Age/Life method.
Can the reports be exported to other programs?
Yes, once all calculations are completed, report data can be exported to Microsoft Word or Excel where users can customize reports with their own letterhead and an array of fonts.