The appraisal method of estimating building costs by calculating the costs of all of the physical components in the structure, with the cost of each item including its proper installation. Also called the segregated cost method.
Related information about unit in place method:
- Unit-In-Place Method: Definition from Answers.com
A technique used by appraisers to estimate the reproduction cost (new) of a structure. The method involves estimating the cost of producing and installing.
- Appraisal - Cost Approach
The unit-in-place method is less detailed than the quantity survey method, but still reasonably accurate and complete. This method combines direct and indirect ...
- What is unit in place method? definition and meaning
Definition of unit in place method: The appraisal method of estimating building costs by calculating the costs of all of the physical components in the structure, ...
- Estimating Cost
There are several methods used to arrive at a cost value: the quantity survey method, the unit-in-place method, and the square foot method. The quantity survey ...
- Reproduction Cost
Other methods are the quantity-survey method and the unit-in-place method. Comparisons are usually made on a square-foot or cubic-foot basis. Reproduction ...
- Michigan Residential Assessor's Manual General ... - State of Michigan
and the Unit-in-Place Method. THE SQUARE FOOT COST METHOD: This is a simple cost estimating system. Based on the square feet of ground area of the ...
- Assessors' Handbook Section 502 - California State Board of ...
Dec 1, 1998 ... are added separately. Unit–in–Place Method. The unit-in-place method is a condensed version of the quantity survey method described later in ...
- proU.net | Real Estate Glossary | Page 12
unit-in-place method: The appraisal method of estimating building costs by calculating the costs of all of the physical components in the structure with the cost of ...