The Analysis of Constructions in the Evaluation Activity
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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Dunarea de Jos University of Galati
2019-07-01
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| Series: | Risk in Contemporary Economy |
| Online Access: | http://www.rce.feaa.ugal.ro/images/stories/RCE2019/Onica_Bleoju.pdf |
| _version_ | 1819087504316301312 |
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| author | Mihaela-Cristina Onica Gianita Bleoju |
| author_facet | Mihaela-Cristina Onica Gianita Bleoju |
| author_sort | Mihaela-Cristina Onica |
| collection | DOAJ |
| 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. |
| first_indexed | 2024-12-21T21:37:12Z |
| format | Article |
| id | doaj.art-72ab13cf6ff841089ca4799696b6c19d |
| institution | Directory Open Access Journal |
| issn | 2067-0532 2067-0532 |
| language | English |
| last_indexed | 2024-12-21T21:37:12Z |
| publishDate | 2019-07-01 |
| publisher | Dunarea de Jos University of Galati |
| record_format | Article |
| series | Risk in Contemporary Economy |
| spelling | doaj.art-72ab13cf6ff841089ca4799696b6c19d2022-12-21T18:49:27ZengDunarea de Jos University of GalatiRisk in Contemporary Economy2067-05322067-05322019-07-0111101108The Analysis of Constructions in the Evaluation ActivityMihaela-Cristina Onica0Gianita Bleoju1Dunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaThe 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.http://www.rce.feaa.ugal.ro/images/stories/RCE2019/Onica_Bleoju.pdf |
| spellingShingle | Mihaela-Cristina Onica Gianita Bleoju The Analysis of Constructions in the Evaluation Activity Risk in Contemporary Economy |
| title | The Analysis of Constructions in the Evaluation Activity |
| title_full | The Analysis of Constructions in the Evaluation Activity |
| title_fullStr | The Analysis of Constructions in the Evaluation Activity |
| title_full_unstemmed | The Analysis of Constructions in the Evaluation Activity |
| title_short | The Analysis of Constructions in the Evaluation Activity |
| title_sort | analysis of constructions in the evaluation activity |
| url | http://www.rce.feaa.ugal.ro/images/stories/RCE2019/Onica_Bleoju.pdf |
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