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The Cost Approach to Valuation

Journal of Property Valuation and Investment

ISSN: 0960-2712

Article publication date: 1 January 1993

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Abstract

Outlines a new classification system for buildings and proposes that a new methodology, discounted asset rents (DAR), is used to address the situation. Notes that it has long been accepted that cost can be a valid basis for valuing ‘no market′ properties. Mentions the contractors test, as used in rating, and techniques for ascertaining depreciated replacement costs. Finally a practising valuer comments on the findings of the research.

Keywords

Citation

Connellan, O. and Baldwin, R. (1993), "The Cost Approach to Valuation", Journal of Property Valuation and Investment, Vol. 11 No. 1, pp. 50-56. https://doi.org/10.1108/14635789310031414

Publisher

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MCB UP Ltd

Copyright © 1993, MCB UP Limited