Every Replicost cost approach is structured around the Uniform Standards of Professional Appraisal Practice. The methodology appendix that auto-generates with every report is designed to satisfy the workfile retention requirements appraisers face on review.
When the cost approach is used in an appraisal, USPAP SR 1-4(b) requires the appraiser to analyze comparable cost data, develop reasonable depreciation, and analyze comparable site data. Here's how Replicost supports each.
SR 1-5 (and SR 2-3 / SR 3-6) require the appraiser to maintain a workfile that supports each report for a minimum of five years (or two years after the last judicial proceeding, whichever is later). Replicost is designed to satisfy this requirement automatically.
Auto-generated with every report. Includes all data sources, regional multipliers applied, depreciation reasoning, and reconciliation.
Every report is snapshotted at the time of delivery. Re-run as of the original date and get back the same number with the same citations.
One-click export of the full workfile — report, appendix, citations, source data extracts, methodology version — ready for review or subpoena.
USPAP is a standard of professional practice that binds the appraiser, not the data provider. Replicost's cost data and report artifacts are designed to help an appraiser comply with USPAP — but the compliance obligation remains the appraiser's. If you're a USPAP-credentialed reviewer who finds a way our outputs make compliance harder, contact us. We take that feedback seriously.
Talk to a Replicost product specialist who's reviewed thousands of cost-approach workfiles. We'll walk you through ours line by line.