To find the total reproduction cost new of a building using the quantity survey method, what does the appraiser add to direct costs?

The quantity survey method is a detailed approach used in appraisal to determine the total reproduction cost new of a building. This method accounts for every component of construction, providing a comprehensive estimate. When applying this method, the appraiser will identify direct costs, which encompass materials and labor required to build the structure.

To reach the total reproduction cost new, the appraiser adds indirect costs to the direct costs. Indirect costs include expenses that are not directly tied to a specific building component but are essential for the overall construction process. These costs can encompass items like administrative expenses, permit fees, and utility costs incurred during the construction phase. The sum of all these indirect costs, combined with the direct costs, gives a complete picture of the reproduction cost of the building.

Builder's profit, accrued depreciation, or site costs do not fit into this specific context. Builder's profit is typically calculated after estimating costs, while accrued depreciation assesses the loss in value over time rather than contributing to reproduction costs. Site costs, while important, are often considered a part of the overall indirect costs. Thus, adding the total of indirect costs to the direct costs is the correct application in the quantity survey method for determining the total reproduction cost new.