“MASTERING THE COST APPROACH TO VALUATION | IBBI VALUATION EXAMINATION BREAKDOWN”

In this comprehensive video, we delve into the Cost Approach to Value for property valuation, focusing on key concepts covered in the IBBI Valuation Examination. Topics include methods for estimating the cost of buildings, understanding the economic, physical, and legal life of buildings, and the factors influencing a building’s lifespan.

Learn about depreciation methods (functional, technological, and economic obsolescence), as well as techniques for calculating Reproduction Cost and Depreciated Replacement Cost (DRC). Additionally, we explore how land value is derived through the market approach, and how building value is estimated using cost estimation for different property types like bungalows, factories, and public buildings. Perfect for IBBI aspirants, real estate professionals, and anyone interested in property valuation!