The User can perform a depreciation cost replacement valuation here. This method of valuation is normally used for schools, churches or any non-market property.
The User can select the building type as it was set up in the project setup. This field is a dropdown menu. The User can enter up to 7 different building types. When there are more than 7 buildings it will be necessary to group buildings together.
The Economical Factor allows the User to reduce the valuation accordingly taking various factors into account such as location or any other economic factors that may influence the valuation.