Rule Of Thumb For Value

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It seems, I read ,a good rule of thumb is that an older (20 years or more) building should sale for about 50% of its replacement cost is that correct ?[ Edited by ditsleg on Date 01/10/2005 ]

Comments(1)

  • commercialking14th January, 2005

    Nope

    Old or young a buildings value is a function of its income, location and functionality..

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