Sacramento County Zoning Code § 902-43 Market Value

The value of the structure (excluding the value of land and site improvements) calculated as either 1) the cost to replace the structure in new condition adjusted by the amount of depreciation that has accrued since the structure was constructed, or 2) a square foot cost determined by reference to a building cost estimating guide recognized by the building construction industry. The amount of allowed depreciation must account for the age, physical deterioration, and functional obsolescence of

the structure in a manner acceptable to the County Building Inspector and the Floodplain Administrator; the depreciation calculation need not include economic obsolescence. Using alternate replacement costs or accrued depreciation calculations from those contained in recognized building cost estimating guides must first be approved by the Floodplain Administrator and will not be considered without a report prepared by an independent professional appraiser detailing and supporting an alternate methodology.