The Cost Approach to Valuation
Journal of Property Valuation and Investment
ISSN: 0960-2712
Article publication date: 1 January 1993
Abstract
Outlines a new classification system for buildings and proposes that a new methodology, discounted asset rents (DAR), is used to address the situation. Notes that it has long been accepted that cost can be a valid basis for valuing ‘no market′ properties. Mentions the contractors test, as used in rating, and techniques for ascertaining depreciated replacement costs. Finally a practising valuer comments on the findings of the research.
Keywords
Citation
Connellan, O. and Baldwin, R. (1993), "The Cost Approach to Valuation", Journal of Property Valuation and Investment, Vol. 11 No. 1, pp. 50-56. https://doi.org/10.1108/14635789310031414
Publisher
:MCB UP Ltd
Copyright © 1993, MCB UP Limited