Which of the following is a desirable feature of a cost manual?

A cost manual serves as a crucial resource in the appraisal process, particularly for estimating the value of properties through the cost approach. A desirable feature of a cost manual being applicable to most structure types ensures that it can be effectively utilized across a diverse range of property types and construction styles. This versatility is vital for appraisers, as it allows them to apply the manual in various situations without needing to seek out multiple resources for different structures.

Being based on actual costs is another important attribute. This foundation provides reliability and accuracy in the appraisal process, allowing appraisers to develop cost estimates that truly reflect current market conditions and construction expenses. When appraisers leverage data derived from actual costs, their valuations are more likely to hold up under scrutiny.

Additionally, suitability for computerization enhances the manual's usability and efficiency. In an increasingly digital world, the ability to quickly access, manipulate, and update cost data digitally improves the overall appraisal process, making it streamlined and more responsive to changes in market dynamics.

The presence of all these features—applicability to various structure types, being grounded in actual costs, and the compatibility with computerization—collectively strengthens the overall effectiveness and functionality of a cost manual in real property appraisal. Thus, the correct answer encompasses all these essential