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
  type: do
  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'
  judgment: false
