Depreciated replacement cost: worked examples
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The property The property is a 25,000 sq. ft primary school, which opened 5 years ago. The valuation is for accounts purposes. The approach Schools can be classified as 'specialised assets' and can be valued on a depreciated replacement cost basis (DRC) when the valuations are being used for financial statements. Detailed guidance...Explore the subscription options here to get full access to isurv, including downloads.
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