I saw your comment about removing the land value from Appraised Value. We have a property we are doing a loan where the land is valued at 2x the Dwelling. Trying to calculate required flood insurance.
$1,500,000 Appraised Value
$1,080,000 Land Value
$545,289 Replacement Cost
$735,000 Loan amount
$1,563,834 cost approach to value