Betty asks…Real Estate Question, Value of a Property?You are valuing a 100,000 square foot office building. The replacement cost new is $125 per square foot. The building is situated on a small site with a land value of $1,500.000. The building was constructed 10 years ago and has an effective age is six years. The remaining physical life is 59 years and the remaining economic life is 29 years.
What is the value of the property?
I think the Value is 14million$ but what do I do with the ages? Thanks in advanceadmin answers:without your
No comments:
Post a Comment