By what other name is the comparative unit method known when determining reproduction cost?

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The correct term that is synonymous with the comparative unit method when determining reproduction cost is the square-foot method. This approach involves estimating the cost of a property by calculating the cost per square foot based on similar properties in the market. It provides a straightforward way to assess the value of a structure by using a consistent unit of measurement, making it easy to compare different properties.

Using square-foot calculations allows appraisers to analyze the cost of construction by taking into account factors such as location, quality, and design features in a comparative manner. This method aids in establishing a value that reflects the current market conditions and costs associated with building similar structures, thereby facilitating a more accurate appraisal outcome.

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