VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach

va-m26-7-ch11-t15

VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach.

Get this register: .xlsx .csv More bundles →

source:
  type: guide
  id: va-m26-7-ch11-t15
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach.
  coverage_tier: operative
obligations:
  - id: va-m26-7-ch11-t15-full
    canonical_id: va-m26-7-ch11-t15-full
    section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach
    description: ''
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - va
      - va-handbook
      - corpus-expansion
      - tier-operative
    primary_source:
      tier: 1
      authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach
      source_class: va-handbook
      source_url: https://www.benefits.va.gov/warms/pam26_7.asp
      snapshot_id: faa7d8c84a0580f3
      fetched_at: '2026-05-23T01:53:53Z'
      content_hash: sha256:960cb068c0b142cd1bb4a0e38f29c6c5b725d24095781b92c663a83e9fd36263
      paragraph_quote: '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. VA Pamphlet 26-7, Revised Chapter 11: Appraisal Report 11-24'

Verbatim regulatory text (1)

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 Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach

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. VA Pamphlet 26-7, Revised Chapter 11: Appraisal Report 11-24

Source: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach · source URL · snapshot faa7d8c84a0580f3