how to calculate valuation for the old building?



how to calculate valuation for the old building? ..

Answer / Jagniwas

Calculating the valuation for an old building involves several factors, including its land value, construction cost, depreciation, and any recent renovations or improvements. A common method is the Cost Approach, which adds the land value and the building's replacement cost (adjusted for depreciation) and then subtracts any accrued depreciation.

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