Economic Depreciation in the Property Objects Valuation

I.A. Ivanovskiy, R.R. Azmitov

Abstract


The article reveals the essence of economic depreciation in the property objects valuation. We investigate the methodological aspect of quantitative evaluation of economic depreciation. Two groups of methods traditionally used in economic depreciation valuation of property objects have been examined: (a) based on comparison of similar objects sales, and (b) based on the analysis of income loss. A brief description of these methods is given, identified are the advantages and disadvantages of their use for external economic depreciation value calculation and economic depreciation of property objects. Recommendations have been formulated for practical application of various methods of economic depreciation valuation.

DOI: 10.5901/mjss.2015.v6n1s3p512


Full Text: PDF

Licenza Creative Commons
This work is licensed under Creative Commons Attribution 3.0 License.

Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

Copyright © MCSER-Mediterranean Center of Social and Educational Research

To make sure that you can receive messages from us, please add the 'mcser.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders..