VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach.
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Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
VA Pamphlet 26-7, Chapter 11 (Appraisal Report), Topic 15 — Cost Approach
Topic 15. Cost Approach Change Date: February 22, 2019 This Chapter has been revised in its entirety. a. Not Required by VA The cost approach is not required for VA purposes, but may be completed to supplement the indicated value in the sales comparison approach. b. Site Value If the cost approach is provided, the appraiser must estimate the site value through sales comparison, allocation, or extraction. If the cost approach is not completed, a site value must not be provided.
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