Building Residual Technique


Definition of "Building residual technique"

Sarah Strobel real estate agent
Sarah Strobel, Real Estate Agent Charles Rutenberg Realty

Appraisal method of determining a buildings value under the following criteria: (1) The land value can be easily determined from comparable sales or other methods. (2) The building on the land is not the highest and best use. (3) The building is aged and/or seriously deteriorated.

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