Correct estimate of the economic life for real property (Record no. 104836)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01592cam a2200181 4500 |
| 001 - CONTROL NUMBER | |
| control field | ##L131773 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 051207n2005 000 0 eng u |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Sirsi) u131773 |
| 041 04 - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Epley, Donald R. |
| 245 00 - TITLE STATEMENT | |
| Title | Correct estimate of the economic life for real property |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2005 |
| 490 ## - SERIES STATEMENT | |
| Series statement | Real Estate Review |
| Volume/sequential designation | 34(2) 2005, 78-89(17) |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Shows a short cut method for the estimate of Economic Life (EL) for real property. Its magnitude is shown to be driven by the components of accrued depreciation: the level of market forces of supply and demand, consumer tastes and the amount of owner maintenance. Presents a procedure that is based on market forces to determine an exact number for the estimate of EL needed by professionals involved with the value and financial analysis of property assets. Section 2 discusses the professional literature involving EL analysis and studies. Section 3 examines the components of accrued depreciation and the impact they have on the EL estimate. Section 4 defines EL and the paths it may take in the future depending on the loss in value from the owner's maintenance plans for the property and local market forces. Section 5 discusses the future paths of EL with respect to a specific property. Section 6 compares this material to several recent publications in a construction journal on the EL content. Concludes that the magnitude and path of total accrued deprciation is the critical factor. References. |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | IKA061205 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | PROPERTY-PROPERTY VALUATION AND APPRAISAL |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Suppress in OPAC | 0 |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Copy number | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | London | London | Journal article | 07/12/2005 | L131773 | 131773-2001 | 06/08/2019 | 1 | 06/08/2019 | Journal article |