Brief Session Description
This session will provide insight on how a structure can be valued using Replacement versus Reproduction costs and demonstrate how Reconstruction costs can be confused with Replacement and Reproduction costs. Come learn how these three estimates differ from one another and why the Assessor, Appraiser, Lender and Insurance companies will use the differing methods.
Audience Expertise
General Interest (Appropriate for all experience levels.)
Location
L 100 AB
Start Date
9-25-2018 2:00 PM
End Date
9-25-2018 3:30 PM
Moderator Name
Samuel Walker, AAS, RES, Level IV Appraiser, Pulaski County, AR
Replacement, Reproduction or Reconstruction Cost, Which One?
L 100 AB
This session will provide insight on how a structure can be valued using Replacement versus Reproduction costs and demonstrate how Reconstruction costs can be confused with Replacement and Reproduction costs. Come learn how these three estimates differ from one another and why the Assessor, Appraiser, Lender and Insurance companies will use the differing methods.
