Which of the four methods used to measure depreciation is the easiest?

The age-life method is considered the easiest way to measure depreciation because it utilizes a straightforward formula that relates the effective age of the property to its total economic life. In this method, the appraiser takes the total economic life of the property and divides it by its effective age to determine the depreciation.

This approach requires minimal data collection compared to other methods, making it a user-friendly option for both novice and experienced appraisers. Since it primarily relies on the overall age of the property rather than complex calculations or market analysis, it can be quickly applied in various situations without needing extensive market data or observations.

In contrast, capitalized value relies on capitalization rates and can be more complex to calculate. Market extraction involves analyzing comparable sales to derive depreciation values, which requires a detailed understanding of market conditions. Observed condition necessitates a comprehensive assessment of physical attributes and variations in the property's state, making it more subjective and time-consuming. Each of these methods presents its own challenges, further solidifying the age-life method's status as the easiest way to measure depreciation.