Which of the four methods used to find the reproduction cost of a structure is most often used by appraisers?

The square-foot method is the most commonly used way to find the reproduction cost of a structure for several reasons. This method involves calculating the cost of construction based on the price per square foot, which allows appraisers to quickly estimate costs without the need for extensive and detailed breakdowns of materials and labor.

One of the key advantages of this method is its simplicity and efficiency; it is user-friendly and requires significantly less data compared to other methods, making it ideal for appraisers working with a large volume of properties or when time constraints exist. The square-foot method can also be easily adapted for various types of buildings, environments, and construction types, making it a versatile choice in different appraisal scenarios.

Furthermore, the square-foot method can still yield accurate results when based on current market conditions and construction cost databases, which provide up-to-date price information. This broad applicability and the ease of communicating the final numbers to clients or stakeholders support its widespread use among appraisers in practice.