House reinstatement cost vs House market price? - reinstatement cost market value
You know what the normal relationship between the market price and replacement value (cost of rebuilding the house from scratch) for a house in London?
Wednesday, January 20, 2010
Reinstatement Cost Market Value House Reinstatement Cost Vs House Market Price?
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3 comments:
The cost of building a replacement for your house is on the estimated cost by a service of this kind of Marshall and Swift, a local contractor, etc., is based. There is no relationship between the teacher, but cost less depreciation is a good estimate of the value. Deprecaition is based on the actual age of the age Econmic. Get a couple of reviews determ Out.
Somewhere between 1 / 3 and 1/5th.
The replacement value is the cost of rebuilding a property for insurance purposes. There is no relationship, but is based on:
Demolition and cleanup
Underpinning of adjacent buildings
Conversion costs
Fees
geographical factors
Type of property (apartment, bungalow, 3-storey house, town)
Any type of building cost per square meter depending on location and design and these numbers are from the USCIS as a leader throughout the construction industry.
The replacement value is not related to the "market value" of property in context.
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