reproduction cost


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reproduction cost

The cost of exactly duplicating an improvement as of a certain date.Contrast with replacement cost. An example is an historic building with high coffered ceilings and deep solid-maple crown molding that has been converted to office space with a drop-in grid ceiling that hides the older details.The reproduction cost would include the cost to build a structure with the same high ceilings and the same crown molding.The replacement cost might be the cost to build a structure with normal 8-foot ceilings constructed of ceiling tiles.

References in periodicals archive ?
existing item] = Reproduction Cost New of Existing Item with a Defect (if any),
While this conclusion appears, at first glance, to run contrary to the premise that the replacement cost approach is based on a modern replacement property while the reproduction cost approach is based on a replica of the subject property, it is, in fact, consistent.
One item of accrued depreciation, superadequacy, a form of incurable functional obsolescence, has long been accepted as the first deduction from reproduction cost since it measures the difference between reproduction cost new and replacement cost new.
Because I have been asked this question before, I answer quickly: "If you say there is no obsolescence and the item is new, then yes, it is worth the reproduction cost new of the item.
Software developers are often startled by production cost increases for software that grows to span additional CDs--nearly doubling the reproduction costs.
Reproduction costs of a page containing an advertising feature or someone wanting a bromide of a page on which he or she features - yes.
The contract would cost $14,850 from the district's general fund plus costs associated with attendance at board meetings, expenses related to visits to the district, telephone and postage expenses, and reproduction costs of the report.
With local firms and financial institutions short of cash, assets are for sale at amounts far below their reproduction costs.
This photographic abundance, an average of eighteen images per essay, is impressive in our age of high reproduction costs.
It is a comprehensive Hazard Insurance benefit of the buildings, machinery / equipment, operating expenses and special guest and reproduction costs, and the like for the Foundation Guild Training.
The county auditor appraised the fair market value of the buildings at $1,260,580 based on depreciated reproduction costs, which together with the land yielded a property value of $1,320,980.
Asset prices are high - probably as high as they should be - and they reflect full reproduction costs, including developers profits, in all markets.