Cost Approach to the Appraised Value of Homes

Hi Carl, I am a certified appraiser in VA. We as appraisers reference the Marshall Swift Cost Handbook for information when completing the cost approach to value on our reports. How accurate do you feel this method is? I feel personally there is no better judge than the local contractor that is in the field and making the purchases for the materials.Thanks,JanetHi Janet,The cost approach to value