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.

Presentation Category

Real Property

Audience Expertise

General Interest (Appropriate for all experience levels.)

Location

L 100 AB

Start Date

25-9-2018 2:00 PM

End Date

25-9-2018 3:30 PM

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Sep 25th, 2:00 PM Sep 25th, 3:30 PM

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.