Evaluation of Constructions in the Current Context

The estimation of value through the cost method is based on comparison, and namely the construction cost of a propriety is compared to the value of an existing propriety or to a similar one that is being built. The method reflects the fact that the participants on the market recognize a relation bet...

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Autor principal: Mihaela Cristina ONICA
Formato: article
Lenguaje:EN
Publicado: Dunarea de Jos University of Galati 2021
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Acceso en línea:https://doaj.org/article/ff9418ab08444598b9f2bc4d35299189
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spelling oai:doaj.org-article:ff9418ab08444598b9f2bc4d352991892021-11-16T15:26:09ZEvaluation of Constructions in the Current Context10.35219/eai158404092031584-0409https://doaj.org/article/ff9418ab08444598b9f2bc4d352991892021-09-01T00:00:00Zhttp://www.eia.feaa.ugal.ro/images/eia/2021_2/Onica1.pdfhttps://doaj.org/toc/1584-0409The estimation of value through the cost method is based on comparison, and namely the construction cost of a propriety is compared to the value of an existing propriety or to a similar one that is being built. The method reflects the fact that the participants on the market recognize a relation between value and cost, it is important for the estimation of the market value of new or relatively new buildings as, in this cases, the cost and the market value are usually relatively close. New or relatively new constructions represent the best usage of the terrain. Replacement cost is the estimated cost for building, given the current prices at the moment of the evaluation of a building with an equivalent utility to the one of the evaluated building.Mihaela Cristina ONICADunarea de Jos University of Galatiarticlecost methodthe estimation of the market valuethe estimation of the constructions depreciationElectronic computers. Computer scienceQA75.5-76.95Economic theory. DemographyHB1-3840Economics as a scienceHB71-74ENAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics, Vol 27, Iss 2, Pp 144-149 (2021)
institution DOAJ
collection DOAJ
language EN
topic cost method
the estimation of the market value
the estimation of the constructions depreciation
Electronic computers. Computer science
QA75.5-76.95
Economic theory. Demography
HB1-3840
Economics as a science
HB71-74
spellingShingle cost method
the estimation of the market value
the estimation of the constructions depreciation
Electronic computers. Computer science
QA75.5-76.95
Economic theory. Demography
HB1-3840
Economics as a science
HB71-74
Mihaela Cristina ONICA
Evaluation of Constructions in the Current Context
description The estimation of value through the cost method is based on comparison, and namely the construction cost of a propriety is compared to the value of an existing propriety or to a similar one that is being built. The method reflects the fact that the participants on the market recognize a relation between value and cost, it is important for the estimation of the market value of new or relatively new buildings as, in this cases, the cost and the market value are usually relatively close. New or relatively new constructions represent the best usage of the terrain. Replacement cost is the estimated cost for building, given the current prices at the moment of the evaluation of a building with an equivalent utility to the one of the evaluated building.
format article
author Mihaela Cristina ONICA
author_facet Mihaela Cristina ONICA
author_sort Mihaela Cristina ONICA
title Evaluation of Constructions in the Current Context
title_short Evaluation of Constructions in the Current Context
title_full Evaluation of Constructions in the Current Context
title_fullStr Evaluation of Constructions in the Current Context
title_full_unstemmed Evaluation of Constructions in the Current Context
title_sort evaluation of constructions in the current context
publisher Dunarea de Jos University of Galati
publishDate 2021
url https://doaj.org/article/ff9418ab08444598b9f2bc4d35299189
work_keys_str_mv AT mihaelacristinaonica evaluationofconstructionsinthecurrentcontext
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