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| Cost-of-development method - A method of appraising underdeveloped land, whereby an estimate is made of the probable proceeds to be obtained from selling the land a subdivided, developed parcels. The cost of so developing the raw land is subtracted from this estimate to obtain an estimate of the value of the raw land. |
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| Cost schedules - Charts, tables, factors, curves, equations, and the like intended to help estimate the cost of replacing a structure from a knowledge of some other factors, such as its quality class and number of square feet. |
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| Cost trend factor - A factor derived from a cost index used to estimate the contemporary cost of something based on its historical cost. |
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| COV - See coefficient of variation . |
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| Critical value - The value, found in a table, with which a computed statistic is compared to determine whether the null hypothesis is accepted or rejected at the specified confidence level . |
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| Curable depreciation - That part of depreciation that can be reversed by correcting deferred maintenance and remodeling to relieve functional obsolescence. |
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| Current-market- value appraisals - Appraisals that reflect contemporary market values rather than market values at some point in the past. Currency is commonly taken to be implicit in the term market value . |
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| Data - Information expressed in any of a number of ways. Data is the general term for masses of numbers, codes, and symbols generally, and information is the term for meaningful data. Data is the plural of datum, one element of data. |
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| Data edit - The process of examining recorded data to ensure that each element of data is reasonable and is consistent with others recorded for the same object, such as a parcel of real estate. Data editing, which may be done by human beings or by computer, is essentially a mechanical process, distinct from verifying the correctness of the recorded information by calling or writing property owners. |
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| Data management - The procedure employed to ensure that no information is lost through negligent handling of records from a file, that all information is properly supplemented and up-to-date, and that it is easily accessible. |
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