Calculation of the estimated cost in the assessment of the market value of real estate

Abstract

The cases of application of enlarged indicators of the estimated cost of construction are determined. The classification of aggregated indicators and prices of the estimated cost according to the criterion of the base price is carried out. The characteristics of all the enlarged indicators are given, the features of their use in calculations are determined. The advantages and disadvantages of using aggregated indicators and estimates of the estimated cost of construction to determine the market value of real estate are shown. Calculation formulas are proposed for estimating the market value of real estate and a number of price-forming indicators, including indices of appreciation of the estimated cost of construction.