Designing Buildings: Created page with "[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effectiv..."

2023-03-07T09:02:06Z

Created page with "[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effectiv..."

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[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effective from 31 January 2022], Published by the Royal Institution of Chartered Surveyors (RICS) in November 2021, defines depreciated replacement cost (DRC) The current cost of replacing an asset with its modern equivalent asset less deductions for physical deterioration and all relevant forms of obsolescence and optimisation.’

= Related articles on Designing Buildings =

* Cost.
* Depreciation.
* Land acquisition.
* Land value.
* Measurement.
* Owner.
* Property.
* RICS.
* Types of land.
* Valuation.

[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]]

Depreciated replacement cost - Revision history

Designing Buildings: Created page with "[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effectiv..."