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Land Residual Technique |
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Land Residual TechniqueAn appraisal technique by which land value is determined by first determining the net return attributable to the building only, and deducting it from the total return to the property (may be estimated), the residual amount is capitalized to find the land value. The building value may be determined by construction costs (new building), depreciated construction costs (it only a few years old), or estimated present construction costs (if an older building).Land Residual Technique Similar MatchesTechniqueTechnique1. A specific method of production, using a particular combination of inputs. 2. A point on an isoquant. Delphi techniqueDelphi techniqueCollection of independent opinions without group discussion by the analysts providing the opinions; used for various sorts of evaluations (such as country risk assessment). Analytical techniqueAnalytical techniqueSee technique of analysis. |
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