Correcting for the over-valuation of specialist buildings

White, P.

Correcting for the over-valuation of specialist buildings - 1994 - Estates Gazette (9403) 22 January 1994, 121-122(2) .

Examines how two different methods of valuation, open market value and depreciated replacement cost, can arrive at very different answers and how this problem can be overcome. Reply to a previous article by G.Hicks (Abs49244).


ASSET VALUATION
DEPRECIATED REPLACEMENT COST
DRC
OPEN MARKET VALUE
OVER-VALUATION
RICS APPRAISAL AND VALUATION MANUAL
SPECIALIST BUILDINGS
UNUSUAL PROPERTIES
VALUATION METHODS