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Keywords: Depreciated replacement costs
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Journal Articles
Journal:
Property Management
Property Management (2008) 26 (3): 191–206.
Published: 27 June 2008
... Limited 2008 Economic change Property Real Estate Depreciated replacement costs Revaluation While the issue of “economic obsolescence” has been extensively considered, it tends to be the sub‐category that disappointingly results in the most ambiguous, opaque and contradictory...
Journal Articles
Journal:
Property Management
Property Management (1997) 15 (4): 215–225.
Published: 01 December 1997
..., DRC should be expressed as having regard to the prospect and viability of the continuance of the occupation and use”. Depreciated replacement cost (DRC) is defined in PS 4.8.1 as “The aggregate amount of the value of the land for the existing use or a notional replacement site in the same locality...
