Market value and depreciated replacement cost contradictory or complementary?
Language: English Series: Journal of Property Investment and Finance ; 25(5) 2007, 515-524(10)Publication details: 2007Subject(s): Summary: Seeks to inform the debate about valuers reporting the result of a Depreciated Replacement Cost (DRC) valuation as a market value subject to the test of adequate profitability or service potential. Discusses the impact of this change to valuation practice in the UK. Using an Italian case study, shows how the DRC approach can be adopted as an appropriate method (not basis) for calculating market value.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L140085 (Browse shelf(Opens below)) | 1 | Available | 140085-1001 |
Seeks to inform the debate about valuers reporting the result of a Depreciated Replacement Cost (DRC) valuation as a market value subject to the test of adequate profitability or service potential. Discusses the impact of this change to valuation practice in the UK. Using an Italian case study, shows how the DRC approach can be adopted as an appropriate method (not basis) for calculating market value.