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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Dunarea de Jos University of Galati
2021
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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) |
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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 |
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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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