HomeReal Estate Appraiser PrepQuestion 9 of 10
Cost ApproachQuestion 9 / 10

Which of the following is an example of a DIRECT (hard) cost of construction?

Practise this Real Estate Appraiser question free, then download the PDF, watch the video walkthrough, or unlock timed mock exams for the full web bank.
Download PDFWatch video
Multiple choice — select the best answer
✓ Correct answer: A. Labor and materials used to frame the building Direct (hard) costs are the physical costs of construction — labor, materials, and equipment. Architect fees, loan interest, and developer's profit are indirect (soft) costs.

Keep practising. Use the free Real Estate Appraiser PDF, watch the YouTube walkthrough, or unlock all 10 web questions with timed mock exams.

Free PDFVideo walkthrough
Topic: Cost Approach
Keep practising

Related questions — Cost Approach

Free practice here. Timed mocks when you are ready.

Study the Real Estate Appraiser Prep free question explanations, download the PDF, then unlock timed mock exams on the web when you want exam-day practice.

Download PDFStart practice test