The cost of creating an exact replica of an improvement, using the same or very similar materials, based on current prices for labor and materials.
An estimate of how much it would cost to construct a similar home with equal utility.
The cost of constructing a replica, or identical structure, using the same materials, construction standards, design and quality of workmanship.
The money required to reproduce a building using the same or equivalent materials, design and construction methods less an allowance for depreciation. An element of the cost approach method of appraisal.
The cost of reproducing a new replica property on the basis of current prices with the same or closely similar materials.
The cost to reproduce a structure or part thereof with exactly similar materials. For example, replacing old lath and plaster walls with new lath and plaster rather than drywall.
The current construction cost of an exact duplicate of the subject building.
The amount of money required to build an exact duplicate of a structure.
the cost, determined by independent appraisal, to reproduce an asset of like kind with similar materials and techniques
cost of reproducing physical property minus various allowances (especially depreciation)
the cost to replicate, at current prices, an existing structure, using the same materials, construction standards, quality, design, etc. as the original structure.
The cost new today to reproduce, or reconstruct, an exact duplicate or replica of the subject property, containing the same degree of obsolescence.
The cost at current prices to construct an exact duplicate of the subject property.
The cost of construction, at current prices, of an exact duplicate using the same materials, standards, design, etc.
the cost of exact duplication of a property as of a certain date. Reproduction differs from replacement in that replacement requires the same functional utility for a property, whereas reproduction is an exact duplication.
The cost of making an exact duplicate of a property.
The amount of money that would be needed (on the basis of current prices) to duplicate the structure being appraised, using the same or similar materials, design, quality of workmanship, layout, etc. COMPARE: Replacement Cost.
The estimated cost to construct, at current prices, a building with utility equivalent to the building being appraised, using modern materials and current standards, design, and layout, and quality of workmanship, and embodying all the subject's deficiencies, superadquacies, and obsolescence.
The cost of construction new of an exact duplicate or replica using the same materials, construction standards, design, layout and quality of workmanship.
The construction cost at current prices of an exact duplicate of the subject property.
With regard to appraisal; it is the cost of replacing a structure with one that is an exact replica. It must have the same quality of workmanship, design and layout. Typically more costly than the replacement cost.
Cost of rebuilding a structure to its exact replacement at today's costs.
The cost, on the basis of current prices, of reproducing a new replica property with the same or fairly similar material.