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Product Tips: Residential Cost Handbook/Cost Explorer CD Combo

To value a single-family residence (SFR) that is larger than 2.5 stories, go to page 3 of each of the 6 quality types in the SFR sections. There is a note which explains how to determine cost for SFRs greater than 2.5 stories.

If the square footage of the residence is larger than what is available on the data pages, Page 4 of every quality type has a Large Residence multiplier table, which can be used to determine cost on larger residences of each quality.

See Section F-10 & 11 to find Current Cost and Local Multipliers that can be used to trend costs to a current date or to adjust the costs by location. This section is updated quarterly so be sure to replace the pages when you receive your service updates.

Residential Cost Handbook:The customized forms provided with your manual walk you through the data collaction and calculation process and assist you in the completing accurate cost approach valuations.

Residential Cost Explorer CD: Adobe Reader has a search feature which can help you locate items in Residential Cost Explorer (RCE). Press the Search icon or go to Edit-Search. Then type in the word or phrase you're looking for - try the word "cement fiber". Press Search. When the Results window begins to display items, click on one to view it.

Residential Cost Explorer CD:You can copy and paste text from the RCE to your narrative report. Just use the Select Text tool, highlight your text, right-click once, choose copy, then right-click in your narrative and click paste.


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